It is fact that WTI crude oil gained about 10% in October following the OPEC+ decision to cut oil production but it doesn't appear that decision is making a significant impact as the price is unable to break out of the $93.50 area in the last couple of weeks. From a technical standpoint, price action is caught within a consolidation phase between the $93.50 and...
Crude Oil Price at support zone 41.28-41.94, Watch out for bullish evidence (significant Price Action) and a potential move to the upside from this major zone.
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