Starting the year, the group has already rolled out the plan to cut 1.2 million bdp in crude supply to prevent prices from falling and tighten the market.
The crude is currently priced at $56.34.
In technical Preview four Cross Moving average have seen inside
The trend in a different measure in price 56.27, 56.46, 56.30 and 56.19.
Current price can be a possible false breakout and produce small pullback
But if price break the trend and form a confirmation candle show example on the chart
Will carry a possible new uptrend.
Here is the level
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