Normal
WTI also began testing $95 today as tensions in Eastern Europe continued to escalate this morning, adding to the speculation of further supply disruptions.If Russia does move ahead with their invasion of Ukraine as many reports are suggesting, we could see both WTI and Brent Crude test $100 and potentially breakout in this week. However, a more diplomatic approach by the parties involved could cause those supply fears could quickly cool, resulting in oil prices pulling back.All trading carries risk, but it’ll definitely be worth keeping oil on the watchlist as this story unfolds.
WTI also began testing $95 today as tensions in Eastern Europe continued to escalate this morning, adding to the speculation of further supply disruptions.
If Russia does move ahead with their invasion of Ukraine as many reports are suggesting, we could see both WTI and Brent Crude test $100 and potentially breakout in this week. However, a more diplomatic approach by the parties involved could cause those supply fears could quickly cool, resulting in oil prices pulling back.
All trading carries risk, but it’ll definitely be worth keeping oil on the watchlist as this story unfolds.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
