Evening update for Crude oil price 15-03-2023

Economies.com
6 months ago

Crude oil price suffered additional strong losses to surpass our extended target at 68.50 and reaches 66.00 areas now, and we expect the continuation of the decline to reach 65.00 followed by 64.30 levels as next negative stations, to keep the bearish trend suggested in the upcoming period conditioned by the price stability below 68.30 as a first protection factor to the continuation of the negative scenario.

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