As the CPI numbers and the inflation numbers starts to slow and decrease, and banks are saying that 2023 inflation will drop even more.
The oil is facing more down moves.
The Saudi Arabia, needs a $75 per barrel to cover the government budget.
but what if the decrease production to keep prices high, will be enough to cover the budget ?!
In this chart, we are seeing too possible buys, with two possible scenarios.
the first buy at $75.00 per barrel and the second one at $50.00
Always manage your risk in trading be for you enter the market.
Regards.
The oil is facing more down moves.
The Saudi Arabia, needs a $75 per barrel to cover the government budget.
but what if the decrease production to keep prices high, will be enough to cover the budget ?!
In this chart, we are seeing too possible buys, with two possible scenarios.
the first buy at $75.00 per barrel and the second one at $50.00
Always manage your risk in trading be for you enter the market.
Regards.
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。