Crudeoil Update || MCX || 15 Feb

MCX:CRUDEOIL1!   Crude Oil Futures
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.


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