• Ioannis Dislias

Crude Oil

Updated: Aug 24

Chart 1

Oil - crudeoil is for first time bellow $90pb after Russia invasion to Ukranie .. but here at $88 is support level as you can see on chart..

Also the increase for 100.000 bdp are not enough during the winter...

There is not only supply but and demand..

The govs wants lower oil prices because it is the main reason of higher inflation..

The USA gov wants low oil price before the elections in November but the Russia is going to reduce earlier than 5 Dec the flows and the capacity in europe is already low also the strategy oil reserves supply from USA is going to end on October .


chart 2

crude oil chart
chart 3

Before you invest make your Research

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