Gate.io, November 19th, due to increasing concerns about the Russia-Ukraine conflict, oil prices experienced a pump on Monday, but faced strong resistance from bearish investors. Analysts at Swiss Bank Bonhams’ Oskardeskaya said that global supply is sufficient, and the global demand outlook is weak, which still supports the bearish position. Oskardeskaya said in a report that there are technical signs that investors have taken into account the situation of oversupply in the oil market. She added that this may limit the short-term upward potential of pump prices, and strong resistance can be seen in the range of $70-72 per barrel.
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Analist: Küresel arz talep durumu hala 01928374656574839201 petrol pazarında satış pozisyonu
Gate.io, November 19th, due to increasing concerns about the Russia-Ukraine conflict, oil prices experienced a pump on Monday, but faced strong resistance from bearish investors. Analysts at Swiss Bank Bonhams’ Oskardeskaya said that global supply is sufficient, and the global demand outlook is weak, which still supports the bearish position. Oskardeskaya said in a report that there are technical signs that investors have taken into account the situation of oversupply in the oil market. She added that this may limit the short-term upward potential of pump prices, and strong resistance can be seen in the range of $70-72 per barrel.