-With the prices of various commodities above average, economies suffer from skyrocketing survival and, consequently, suffer from skyrocketing interest rates at national central banks and economic slowdown (growth).
-Could we see oil trading at $65.00 a barrel?
-The “black gold” is also included in this package, and it is the primary resource for economies around the world, as it is through it that more than 65% of products are distributed (air, road and water transport), in addition to being produced several other derivatives of this commodity.
-If an economy wants to grow, it has to control the rise in commodity prices, especially energy commodities.
-The commodity in question has been undergoing correction for a long time, largely due to the recessionary scenario to come, but, at the moment, we may have a somewhat interesting recovery, causing prices to test the range of $85.49.
-After this test at $85.49, and not having the strength to continue with the rise, we can have a sharper correction, looking for the following targets: $67.05 and $56.86.
-With the agreement to limit the price of Russian oil, I would not rule out after a short rebound, prices would seek the region of $67.05.
-Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.
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