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Crude Oil Weakness, Possible Decline To $58

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Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
The crude oil price has changed little despite the political turmoil in Russia. David Williams from PageTrader says that since November 2022, any monthly crude oil price closes below $75 would indicate a continued decline to $58 or lower for the second half of 2023. Will crude oil close above $76 or will the commodity need to reach $60 or lower first? Williams also forecasts where the markets may close the year.
  continue reading

4312 episoade

Artwork
iconDistribuie
 
Manage episode 367106467 series 3349630
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
The crude oil price has changed little despite the political turmoil in Russia. David Williams from PageTrader says that since November 2022, any monthly crude oil price closes below $75 would indicate a continued decline to $58 or lower for the second half of 2023. Will crude oil close above $76 or will the commodity need to reach $60 or lower first? Williams also forecasts where the markets may close the year.
  continue reading

4312 episoade

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