Long term downtrend
Current correction should end before level of 60$ per barrel.
If we saw price above 60$ it could test higher prices but only for short term.
Price in long term should go down, below level of 50$ per barrel in next 6 months maximum.
Current correction should end before level of 60$ per barrel.
If we saw price above 60$ it could test higher prices but only for short term.
Price in long term should go down, below level of 50$ per barrel in next 6 months maximum.