Midday update for Crude oil 06-07-2022

Economies.com
2022-07-06 09:42AM UTC

Crude oil price tested 98.95 level and keeps its stability below it, to keep the bearish trend scenario active for today, waiting to get negative motive that assist to push the price to decline towards 95.00 followed by 92.80 levels, reminding you that the continuation of the bearish wave depends on the price stability below 98.95.

 

The expected trading range for today is between 92.80 support and 100.00 resistance.

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The expected trend for today: Bearish

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