Oil price tumbled 3.5% to $105.58 , will we see $100 oil soon?
Oil has proven to rise fast and hard and fall equally hard and fast.
Biden is calling for a temporary suspension of the 18.4 c a gallon federal tax on gasoline. The US Govt is looking at all ways to lower the price of oil. They may or may not succeed but traders are not waiting.
6month view
OIL_CRUDE Charts and Quotes — TradingView
Its Over, page-13143
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