🔶Timeframe: 1 hour
🔶 INTRADAY TARGET - Target: 6360, 6380
🔶Oil prices dipped due to weak Chinese economic data, but monthly gains are expected amid escalating Middle East conflicts. U.S. inventory data showed mixed results, while concerns about demand persist.
🔶Crudeoil inventory data at 9 pm today.
🔶 INTRADAY TARGET - Target: 6360, 6380
🔶Oil prices dipped due to weak Chinese economic data, but monthly gains are expected amid escalating Middle East conflicts. U.S. inventory data showed mixed results, while concerns about demand persist.
🔶Crudeoil inventory data at 9 pm today.
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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.