[Video] Saudi crude output set to return to normal quicker than anticipated – Reuters
Fawad Razaqzada September 17, 2019 3:52 PM
WTI has dropped sharply on the headlines, retreating noticeably form that noted $63 resistance level we highlighted yesterday.
According to a Reuters report, “SAUDI OIL OUTPUT WILL RETURN TO NORMAL LEVELS QUICKER THAN INITIALLY THOUGHT - TWO SOURCES BRIEFED ON SAUDI OIL OPERATIONS.”
WTI has dropped sharply on the headlines, retreating noticeably form that noted $63 resistance level we highlighted HERE yesterday.
In this video, I have added a few technical thoughts on the direction of WTI oil prices:
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