WTI Crude Oil (Will the new Delta Variant bring the price down?)

Updated View On WTI Oil (5 Aug 2021)

We are seeing potential toppish region near 75~77 region and the regions shall hold of any advancement of the oil price.

With the surge on the delta variant, I am expecting we shall see more BEARish pressure on the oil price.

This time around it could go to support the price of $66 first and then $61 region.


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