OIL - 100$ coming faster than anticipated? ⛽

٣٠ يونيو ٢٠٢١

Opec meeting is on and increasing the production is on the agenda? Why? Well most likely increased demand.

But electric cars are the future. Yes they are but that doesn't mean the price now needs to go lower because of this fact. On the contrary possibly.

Chart shows price over major resistance and on support with potential to fly to the 100$ mark this summer.

Also: we probably need to add the factor of inflation in the mix.

What do you guys think?

the FXPROFESSOR