| Oil's recent bounce might continue above $60 if narratives support. Crude oil has gained in 2026 so far as traders have mostly dismissed the possibility of significantly higher supply from Venezuela while the USA has announced new tariffs on Iran's trading partners. For trading oil, $60 might be a difficult resistance to break but above there the price could continue upward to $62. Trading is risky. Trade with care and keep watching our informative videos to enhance your trading skills and strategies. #oil #tradingoil #commodities #tradeoil #tradeoftheweek #cfdmarkets |
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