Oil -Rising on potential OPEC cut oil production

מעודכן
Well, the technical analysis seems to indicate that Oil is currently in a very strong overbought area, from which we expect it to rise to at least 82.
Especially since interest rates may stop rising in the coming period and be fixed at 5.25 or 5.50
With the decline in oil prices due to the economic slowdown, there is a high probability that OPEC will cut oil production at the next meeting, which will cause prices to rise strongly.
הערה
Prices started to rise
Saudi Arabia started to reduce production voluntarily
Fundamental AnalysisOilopecSupply and DemandSupport and ResistanceCrude Oil BrentCrude Oil WTIusoillong

כתב ויתור