Crude rounding out and putting in a bottom ?
Technicals - $76 is the old peak from 2018 before the crash into -ve territory in 2020. Price has fallen heavily from the highs, looks due a bounce
Fundamentals - Bullish arguments include China's economy coming back from zero covid, inflation lower but still high, US recession risk priced in
Technicals - $76 is the old peak from 2018 before the crash into -ve territory in 2020. Price has fallen heavily from the highs, looks due a bounce
Fundamentals - Bullish arguments include China's economy coming back from zero covid, inflation lower but still high, US recession risk priced in