FXOPEN:XTIUSD   US WTI Crude (Spot) (XTIUSD)
XTIUSD
The balance of volumes is shifted to the sales area. Fears of a global recession and a shortage of demand outweigh the risks of a shortage of oil supply. We will see the market reaction to the increase in production volumes that Saudi Arabia promised to Biden in about 1.5−2 weeks, but for now, we remain sceptical about the growth prospects and the breakdown of the key zones100.
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