hell traders here is fallow up buying set up for USOIL
my fundamental view!
Oil prices rose early on yesters, supported by a risk-on sentiment on the equity markets and expectations that the oil production curbs by OPEC+ and its leader Saudi Arabia would tighten the market in the first quarter.After gaining around 8 percent in January,
oil prices began the month of February with gains, too, buoyed by Saudi Arabia’s commitment to reduce its crude oil production by an additional 1 million barrels per day (bpd) beyond its quota in the OPEC+ pact.
my fundamental view!
Oil prices rose early on yesters, supported by a risk-on sentiment on the equity markets and expectations that the oil production curbs by OPEC+ and its leader Saudi Arabia would tighten the market in the first quarter.After gaining around 8 percent in January,
oil prices began the month of February with gains, too, buoyed by Saudi Arabia’s commitment to reduce its crude oil production by an additional 1 million barrels per day (bpd) beyond its quota in the OPEC+ pact.
