WTI should go down to 74-71 soon
The economy will slow down will affect oil demand.
And interest rate will hike this year it's should be pressure on main street business cost-push, so oil price will be decreased to balance the business cost side.
I prefer to short WTI the target is around 71-74$ at first.
And interest rate will hike this year it's should be pressure on main street business cost-push, so oil price will be decreased to balance the business cost side.
I prefer to short WTI the target is around 71-74$ at first.
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