US Crude Oil spot

USOIL WTI Next Move Soon

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OPEC+'s decision to extend production cuts until the end of 2026, coupled with the voluntary reductions by eight major member countries, strengthens expectations of an imminent rise in oil prices. Simultaneously, the anticipated recovery of the U.S. economy under Trump's presidency is expected to positively impact the energy market and further boost prices. Based on the chart analysis, we advise avoiding unnecessary risks.

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