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WTI Crude Oil Technical Analysis - Key resistance in sight

Crude Oil continues to hover near the highs as the supply tightness remains at the centre of the market’s focus at the moment. In fact, Saudi Arabia and Russia are sticking with their production cuts and the resilience in the global economy is supporting higher oil prices. The bearish case is that the bullish sentiment in the market is getting stretched with many participants starting to call much higher prices ahead, but such high prices are likely to weigh on demand even more eventually leadin... Read More

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Content Topics

Crude

Technical

Analysis

Resistance

Sight

Forex

Posted: Sep 27 2023, 07:18

Author Name: forexlive

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