OPEC+ has agreed to reduce oil output by 100,000 barrels effective next month.
Though the move is symbolic, it shows OPEC’s commitment to defending high oil prices.
The price of oil has bounced off of a key resistance area undeterred by a stronger Dollar.
Expect oil to move upward.
Though the move is symbolic, it shows OPEC’s commitment to defending high oil prices.
The price of oil has bounced off of a key resistance area undeterred by a stronger Dollar.
Expect oil to move upward.
Trade fechado: stop atingido
Prices have gone through a major area of support on demand concerns for oil.Betting against the trend was a risky proposition to begin with, time to exit any positions.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.