Thu, 27 Jul 2023 09:05:35 GMT
Light Crude oil tests $80.00
Throughout 2023 OPEC+ cartel has kept crude oil prices steady at its desired range, as it adjusts production to its liking and the global demand, inflation trends. In general, the price has been kept between support range at $63.75/$65.70 and resistance at $81.20/$83.70. Meanwhile, for short term period the price has been respecting the 50 and 200-day simple moving