WTI CRUDE OIL
hello traders here is sell set up for USOIL!
The West Texas Intermediate Crude Oil market has recaptured the $63 level during the trading session on Wednesday after selling off overnight. This was due to report by the American Petroleum Institute of a build of 1.026 million barrels, instead of the expected -5.372 million barrels. In other words, the supply is building, not shrinking. there also a rumor Saudi Arabia And Russia Are Headed For Another Clash On OPEC+ Oil Cuts,
in my opinion until the 4th of march which's the next OPEC+ MEETING oil my trend between $60-64 look for selling opportunities
The West Texas Intermediate Crude Oil market has recaptured the $63 level during the trading session on Wednesday after selling off overnight. This was due to report by the American Petroleum Institute of a build of 1.026 million barrels, instead of the expected -5.372 million barrels. In other words, the supply is building, not shrinking. there also a rumor Saudi Arabia And Russia Are Headed For Another Clash On OPEC+ Oil Cuts,
in my opinion until the 4th of march which's the next OPEC+ MEETING oil my trend between $60-64 look for selling opportunities
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Related publications
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.