Why 85-95 are great buying opportunities in WTI
- Upwards Wedge forming in the WTI trade
- Ongoing war with Iran ,US and the rest of the gulf countries with the Houthis now joining
- Oil fields getting destroyed in Saudi Arabia and Iran with lower production in more than 30 odd years
- SPR inventory falling to lows
- Support trend line in the $90-$100 range
- Great buying opportunity on the dip
- Mid term elections in November, even if price falls, war could continue after the elections
Leave a Reply