We expect the EIA United States Crude Oil Stocks will be -2.782, the previous was -6.912 M.
Increase of US crude oil stocks can indicate a decrease in demand for crude oil or increase in production. Such an increase negatively affects global oils prices, though it is a short-term effect.
In the other hand, The price should fill the gap after the Aramco attack.
So we expect the price hit 56 $ for tonight
Have good trade
Increase of US crude oil stocks can indicate a decrease in demand for crude oil or increase in production. Such an increase negatively affects global oils prices, though it is a short-term effect.
In the other hand, The price should fill the gap after the Aramco attack.
So we expect the price hit 56 $ for tonight
Have good trade
Trade closed: target reached
Exactly
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.