Crude Oil Shows No Direction Following Weak Demand

The WTI crude oil price continues its volatile, unidirectional movements as the market remains divided on the direction oil prices will take due to geopolitical tensions and weakening demand. The price continues to show a price concentration without direction. The resistance area is currently between 74 and 76, while support can be found at 68. The trend is currently bearish.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
81	78	74	70	68	64.9