It is worth mentioning that South Korea’s oil prices have skyrocketed because of obedience to the US oil ban on Iran. After Trump announced a ban on Iranian crude oil imports, South Korea was the first to stop imports. After stopping the import of Iranian
At that time, it was in a state of unilateral development, and 70% of the time was shock finishing. A mature trader not only has to learn how to grasp the unilateral market, but also how to deal with the volatile market is a compulsory course for every tr
However, after the call between US President Trump and Saudi Arabia in the day, Saudi Arabia’s previous position that there is no need to increase production seems to have changed. This has made the market worried that OPEC and Russia will increase produc
Judging from the crude oil trend chart, on the daily chart, yesterdays market showed a clear volatility at the 68 line. It can be seen that after experiencing the previous wave of strong shocks, the current operating kinetic energy of crude oil has been g
In general, based on the current crude oil weekly line, $66 will be a key point that crude oil is currently holding closely. The moving average has already turned down. However, the current k-line entity has deviated significantly from the moving average.