OIL

Our oil analysis rebounded from 42.40 levels, which is an important support as we noted with the upside if 54.54 is breached targeting the 67 levels and may reach 96 times. The analysis is supported by global economic developments including the OPEC agreement to reduce production and the end of the trade war crisis In my view, the American administration, the will of cheap oil for a period of time to put pressure on Russia and Iran and to enable its power in the Gulf region and to strike the economy of Canada. This is over. This analysis is supported by all of the above. Oil Refineries.
I wish you a successful trade.

Comment:

Our oil analysis rebounded from 42.40 levels, which is an important support as we noted with the upside if 54.54 is breached targeting the 67 levels and may reach 96 times. The analysis is supported by global economic developments including the OPEC agreement to reduce production and the end of the trade war crisis In my view, the American administration, the will of cheap oil for a period of time to put pressure on Russia and Iran and to enable its power in the Gulf region and to strike the economy of Canada. This is over. This analysis is supported by all of the above. Oil Refineries.
I wish you a successful trade