The oil market expectation is at 100 $ per barrel. Market psychology could be a self-fulfilling prophecy.
Let's see about that. The Saudis cutting output by approx 1.2 million barrels a day could push the prices up, which supplies more inflation worries and recessionary pressure on the markets.
Quality analysis and explanation of this scenario. Even if the opposite happens, the idea is well explained and that's all it matters in terms of technical analysis.
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