WTI oil is short for 1 or 2 weeks, also goes for Long for next 3 months, it depends on the Biden's administration decision on energy and how cold the winter will be, I think Biden's administration has no idea about oil and they do not know How do big players play in this field? I see $ 90 to $ 100 in the first quarter of 2022.
Catatan
The Biden administration has asked some of the world’s largest oil-consuming nations – including China, India, and Japan – to consider releasing crude stockpiles in a coordinated effort to lower global energy prices, according to several people familiar with the matter. China’s state reserve bureau said on Thursday it is working on a release of crude oil reserves although it declined to comment on a U.S. request to the world’s top consuming nations to tap stockpiles to ease global energy prices.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.