Well it looks like that even beer is more expensive then oil right now.
Oil is reaching 1985-2000 support zone
Will it hold ?
Oil is reaching 1985-2000 support zone
Will it hold ?
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When the lockdown will end the demand for oil will increase rapidly ( Recreation / travel / logistic demand )
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3 white soldiers forming on 15m tf looks like there is some interest around this 35 years old support
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Sub 1984 prices for oil
8.8 bucks ... -53% in a single day just WOW
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Oil at 5.2 USD at the moment of writing ... looks like there is no bottom
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well and here we are at 0.01 USD ...
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