Crude Oil Price Forecast: Crude oil markets fell on Wednesday, perhaps in some dead cat bounce, as we have seen a lot in the way of negativity over the last several days.
However, this does not change the overall viewpoint, and as soon as Americans are jumping on the board, we are already beginning to see weakness.
The WTI Crude Oil Market has taken a little bit of the closing of the day on Wednesdays, breaking above the level of $ 67 and "dead cat bounce" after such heavy selling in the past several days.
I think that at this point there is a possibility that the market is trying to find an acceptable level, but Saudi Arabia has suggested that they are going to pump as much crude oil as crude oil, with commodity The market should flood.
At this point, I think that this is an extraordinary recession, only because the EIA numbers have worsened.
