Crude Oil, WTI, China, Inventory, Refinery Capacity, Technical Outlook – Talking Points Crude oil prices are under pressure as China increases lockdown measures as Covid spreads A surprise build in US stockpiles and the restarting of a major US refinery pose headwinds WTI prices extend drop from the 100-day SMA, but a triangle pattern offers …
China Virus Curbs Weigh on WTI, but Chart Shows Chance for Breakout Read More »
Crude Oil, WTI, China, Iran, Inventory Data, Technical Outlook – Talking Points WTI crude and Brent crude prices retreat in Tuesday’s Asia-Pacific trading US inventory data in focus in the days ahead as China’s Covid woes linger WTI crude oil’s technical posture is bearish below major moving averages Recommended by Thomas Westwater Introduction to Forex …
Crude Oil Prices Retreat Ahead of Inventory Reports as China Virus Cases Stay High Read More »
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