End of day crude oil price forecast update - 10-05-2024

Economies.com
2024-05-10 17:33PM UTC

Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support the continuation of the expected bearish trend for the upcoming period, noting that breaking this level will extend the bearish wave to reach 75.25$ areas on the near-term basis, while holding below 79.60$ represents key condition to the continuation of the expected decline.

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