Crudeoil Update || 15 Feb
Timeframe: 1 Hour
Strategy: Short
🔸Bearish below 6310 - target 6270, 6230
💥Crude oil prices decline due to an unexpected 12 million barrel
💥Increase in US crude stockpiles, according to ANZ Bank.
💥Gasoline inventories drop by 3.7 million barrels, mitigating losses.
💥OPEC's monthly report fallout continues as Iraq and Kazakhstan commit to new OPEC+ oil target.
_________
Timeframe: 1 Hour
Strategy: Short
🔸Bearish below 6310 - target 6270, 6230
💥Crude oil prices decline due to an unexpected 12 million barrel
💥Increase in US crude stockpiles, according to ANZ Bank.
💥Gasoline inventories drop by 3.7 million barrels, mitigating losses.
💥OPEC's monthly report fallout continues as Iraq and Kazakhstan commit to new OPEC+ oil target.
_________