hello traders here is fallow up update of US CRUDEOIL
if you fallowed my previous analysis my prediction was price range between $52 and $54 and the price hit our target! so what now?
With the Biden inauguration scheduled to hold at the U.S capitol today, oil traders are a tad concerned about what foreign policy stand his presidency will take has regard to U.S future relationship with key oil producers that include Iran, Saudi Arabia, and Russia.
One of the wild cards some energy experts are envisaging is an upside to Iranian current oil production level dependent on the potential lifting of America’s sanctions under the incoming U.S president.
if you fallowed my previous analysis my prediction was price range between $52 and $54 and the price hit our target! so what now?
With the Biden inauguration scheduled to hold at the U.S capitol today, oil traders are a tad concerned about what foreign policy stand his presidency will take has regard to U.S future relationship with key oil producers that include Iran, Saudi Arabia, and Russia.
One of the wild cards some energy experts are envisaging is an upside to Iranian current oil production level dependent on the potential lifting of America’s sanctions under the incoming U.S president.
