Crude oil price forecast ...Middle East

Crude oil price outlook: key levels to watch amid bearish controlIf you’re tracking the crude oil market, buckle up—things are heating up, and not just on the charts. As the price of light crude (CL1!) dances around some serious technical levels, traders and investors alike are on high alert. The bearish vibe is alive and kicking, fueled by a blend of chart signals and macroeconomic worries. So, what’s next for this slippery commodity? Let’s break down the key action points and what you should keep an eye on in the weeks to come.The previous key resistance at $78.50 – the August open line in the sandOne spot that’s got everyone’s attention is the resistance zone at around $78.50, just below

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Crude oil price forecast ...Middle East

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