On the HTF, we can see Crude oil has overall been bearish since 2022 because :
- Geopolitical tensions priced in and faded out.
- Decreased oil consumption of oil. Demand reduced
- Oversupply concerns - OPEC maintained higher levels of oil product. Too much supply & less supply hence lower oil Prices.
· Historically, The markets keep an equilibrium on the price of oil which healthy prices being around $40 - $80 per barrel. This is where oil spends most of its time.
They wouldn’t let oil price drop too low since it would cost producers too much & if its too high, then the consumers will suffer so price always remain a balance.
Future Analysis/forecasts:
· Now we are seeing that Major central banks around the world adopting loose monetary policies and cutting interest rates following suits with the Federal Reserve.
-This would result in more economic activity, more manufacturers using oil etc therefor the demand for Oil will pick up again and we can see price start to rise.
- Geopolitical tensions priced in and faded out.
- Decreased oil consumption of oil. Demand reduced
- Oversupply concerns - OPEC maintained higher levels of oil product. Too much supply & less supply hence lower oil Prices.
· Historically, The markets keep an equilibrium on the price of oil which healthy prices being around $40 - $80 per barrel. This is where oil spends most of its time.
They wouldn’t let oil price drop too low since it would cost producers too much & if its too high, then the consumers will suffer so price always remain a balance.
Future Analysis/forecasts:
· Now we are seeing that Major central banks around the world adopting loose monetary policies and cutting interest rates following suits with the Federal Reserve.
-This would result in more economic activity, more manufacturers using oil etc therefor the demand for Oil will pick up again and we can see price start to rise.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。