Overnight Market Review (December 07) (Wednesday) At the beginning of the Asian market, U.S. oil traded around $74.65/barrel; U.S. oil hit $73.4/barrel, the lowest level so far this year in volatile trading on Tuesday, and Brent crude oil It closed below $80 a barrel for the second time this year, dragged down by EIA’s upward revision of its forecast for U.S. crude oil production growth this year, and a slight downward revision of its forecast for oil demand growth. Fears of an economic recession intensified, and investors withdrew amid economic uncertainty this volatile market.
Trading strategy deployment: it is recommended to short at high positions
All transactions involve risks, and the above analysis is for reference only. Be sure to set the number of hands and remember to set a stop loss when placing an order.
