WTI Crude, US Production, China, Covid, MSRP, Inventory, Technical Analysis – Topics to Talk about
- crude oil prices faced increasing macroeconomic headwinds following the October price hike
- US inventory data that FOMC interest rate decision and the US jobs report oil Direction
- WTI prices appear set for a potential increase in volatility as prices spiral in a triangle pattern
WTI and Brent crude prices are marginally lower in early trade in Asia-Pacific, extending Monday’s decline as China’s Covid lockdown and…
