Oil Price Second Week of September 2024 - 9 to 13 Sep

Price Action during the last week
Highest Value 74.42 $
Lowest value 67.20 $
Total Range 7.22 $

Next week Expected
Highest Value 71.45 $
Lowest value 65.45 $
Total Range 6 $

Up Trend
If the price record above 71.45 and hold it the price may move toward 73.80 which will lead to 75.80 and it hold there the price can reach 78 in the most positive scenario.

Down trend
If the price record below 65.45 The price may drop to 62.50 and if 62.50 did not hold the price can drop to 58 in the worth scenario.

Major News Expected:

11 Sep Inflation Rate
12 Sep PPI
13 Sep MCS