USOIL bullish run?
Probabilities of the rate cuts have been the main drive of the recent decline in the price of Crude oil with concers over elevated inflation in the U.S picking up. However the return of refineries from maintenance and the data from the commitment of traders report could support the price of USOIL in the near short term. U.S. PCE index as well as manufacturing data from China aand the U.S are the important publication that traders need to be paying attention to this week.
Read EXNESS Broker Review February 28, 2024 at 03:30PM Exness
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