As the four major inventories continue to decrease. U.S. oil continues to rise. WTI quotation as of closing: 79.153 U.S. API crude oil inventories for the week to March 8 (10,000 barrels) (-5.221 million barrels) U.S. EIA Cushing, Oklahoma crude oil inventories for the week to March 8 (-1.536 million barrels) EIA crude oil inventories in the United States for the week to March 8 (-220,000 barrels) EIA Cushing, Oklahoma crude oil inventories in the United States for the week to March 8 (596,000 barrels) BLACKBULL:WTIFPMARKETS:WTIBLACKBULL:WTINYMEX:WTI1!MATBAROFEX:WTI1! There are good motivations for the rise in oil prices. At the beginning of the Asian market, oil was stable above 79. Judging from short-term trends, market demand continues to increase due to the spread of geopolitics. It is expected to continue to rise above 80. At the same time, OPEC countries have also decided to reduce production. If there is no physical fall below 79 in the short term, you can directly buy. If the body falls sharply and falls below 79. We can buy near 78.6 in the second position
personal suggestion: 79.-79.3 buy. sl78.TP80.6
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Oil remains in buying range
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Small profit at present
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Have you made good profits by trading U.S. oil?
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U.S. oil is about to reach its target
Trade closed: target reached
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After the oil reaches its target location. The temporary rising situation did not expand rapidly. But in slow fluctuations. Due to the good news about oil and gas, oil prices have risen sharply. After the influence of the news dissipates, if there is a new resistance position above, look for opportunities to sell oil. For now, let’s wait and see. Don't rush into the action.
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US oil sold at a price around 80.6. tp79.6. sl81.6