Explore our Latest Crude Oil Forecast of Today: Struggles Continue Near $70. Major Inflection Point in Technical Analysis. Cyclically Bullish Season Approaches.
Crude Oil markets have been volatile. Amid year-end trading conditions, both oil types are seeing interest in accumulation with an eye on central bank actions.
Crude oil markets rallied, indicating a trend towards the $75 WTI level and the $80 Brent level.Caution is suggested during the volatile holiday trading period.
Crude Oil markets have shown volatility with a bullish undertone, recovering from initial dips as short covering and holiday season liquidity affect prices.