Crude Oil Outlook:
- Fears of a global recession linger as China’s zero-COVID strategy continues and US economic indicators point to a slowdown in the coming months.
- crude oil prices flow into a symmetrical triangle that can last until mid-November.
- According to that IG Customer Sentiment Index, crude oil prices have a mixed trend in the short term.
Conflicting fundamental factors
Crude Oil prices had a strong October (+8.86% over the last month) and a positive start to November…