Crude Oil Eyeing EIA Figures – “Yoyo-Trade” Exited After Hitting All Projected Targets!
Is crude oil really set to break its highs again? Q3 2021 hedge fund letters, conferences and more Fundamental AnalysisCrude oil prices reached their last highs on Wednesday before pulling back, initially supported by US crude stocks falling as shown by API figures, and afterwards cooled by contrary prospects from the U.S. Energy Information Administration (EIA). Meanwhile, our subscribers were exiting their last oil trade, after the black gold hit the second projected target at $83.40 (see technical chart). U.S. API Weekly Crude Oil Stock: Inventory levels of US crude oil, gasoline and distil...