Futures on oil expire today, expecting volatility. Potential profit taking from the futures could create a dip to buy later.
Demand for oil seems to be returning. Reports indicate Chinese oil demand is almost back to pre-lockdown levels.
Wait for technical break of the small range to buy or sell depending on the direction.
Please support the idea and share your thoughts on WTI!
Good Luck and Stay Healthy!
Demand for oil seems to be returning. Reports indicate Chinese oil demand is almost back to pre-lockdown levels.
Wait for technical break of the small range to buy or sell depending on the direction.
Please support the idea and share your thoughts on WTI!
Good Luck and Stay Healthy!