WTI Weekly Chart A Strong Surge Towards $80 Resistance Will the Bulls Break Through

CRUDE OIL was closed on Friday at weekly higher level after testing the low level of $ 64.29 in the last weekly trading session as the situation remains volatile, with Israeli Prime Minister Benjamin Netanyahu reportedly ordering intensified strikes on strategic and government sites in Iran. Despite the heightened tensions, Iran has continued crude exports, reportedly loading 2.2 million barrels per day this week, the highest level in five weeks.

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Varun Sharma

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