Fundamental OverviewCrude oil has been under sustained pressure since the beginning of July. Things got even worse as Trump’s odds of winning soared after the failed assassination attempt. He is a great supporter of the “drill, baby, drill” slogan and he will likely put an end to the war in Ukraine if he gets elected.Those should be bearish drivers for crude oil as expectations of increased supply could give the buyers a hard time for new cycle highs. On the macro side, we haven’t seen much change, on the contrary, the latest US data continue to show a resilient economy with even some pickup. So, we now have some bearish drivers on the supply side but bullish drivers on the demand side. Over
Hence then, the article about crude oil technical analysis we are at a key support was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Crude Oil Technical Analysis – We are at a key support )