Crude Oil Outlook: Prices Likely to Stay Stable After Recent Volatility

Crude Oil Outlook: WTI’s price appears to have stabilised somewhat since our last report. In today’s report we are to have a look at fundamental issues that could alter its direction, including the US peace plan for the war in Ukraine, OPEC’s intentions, and the state of the US oil market. We are to conclude the report with a technical analysis of WTI’s daily chart.

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