There are 2 scenarios in oil.
Scenario 1 is the rise from this region ($72) to $100-$110.
The second scenario is an upward reaction from the $60-65 levels.
💥Especially the monthly price closing does not look very good.
As the interest rate hikes continued and global inflation remained high, the second scenario started to gain more weight.
Scenario 1 is the rise from this region ($72) to $100-$110.
The second scenario is an upward reaction from the $60-65 levels.
💥Especially the monthly price closing does not look very good.
As the interest rate hikes continued and global inflation remained high, the second scenario started to gain more weight.
