Crude oil bears are strong, is it expected to reach $65 per barrel?
Crude oil bears are strong, is it expected to reach $65 per barrel?
Dear client,
Oil prices fell in early trading on Monday, continuing the decline last week. In the Asian session, it once fell below $70/barrel to a two-month low of $69.80/barrel.
So, what are you waiting for? At the same time, we have given your account 2 credits for free. The claim time ends at 21:00 (UTC) on February 26, 2025. It is expected to expire. You can use credit to trade these popular products this week with zero risk, and the profit amount can be withdrawn.
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Crude oil market analysis this week:
1) Ukrainian conflict
Progress in the negotiations on the Ukrainian conflict: If the situation eases, it may reduce the supply risk premium in the market, which is bearish for oil prices.
2) Waiting for OPEC+ to decide on production cuts
Overall, the short-term trend of oil prices still depends on the final decision of OPEC+ and the further development of the US policy towards Iran.
So, don't wait any longer, open the APP now to claim free credit and start trading.
If you have any question, kindly contact our customer support team. support@ehamarkets.com
Kind regards!
ehamarkets team
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