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Oil Boosted as China Reopens!

Name: Oil Boosted as China Reopens!
Uploaded: 2023-01-16
Channel: David Kindley
Description: Oil prices had their biggest weekly gain since last October.This came amid cooling inflation in the US and an improved outlook for growing demand from China.Following China’s reopening, will we now see crude hit $100 before Q1 is over?TimestampsWTI 0

VideoTechnical Analysis

By David Kindley Last updated Jan 16, 2023

Oil prices had their biggest weekly gain since last October.

This came amid cooling inflation in the US and an improved outlook for growing demand from China.

Following China’s reopening, will we now see crude hit $100 before Q1 is over?

Timestamps
WTI 01:40
BRENT 03:05

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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