Commodities Analysis and Opinion

Crude Oil Contemplating First Breakout

2022.11.30 15:25

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Crude Oil Contemplating First Breakout

www.investing.com/analysis/crude-oil-contemplating-first-breakout-200632933

Crude Oil Contemplating First Breakout

By Petros Steriotis   |  11 hours ago (Nov 30, 2022 03:44AM ET)

Petros Steriotis

It has been a terrible November for crude oil, losing about $20/bbl from the high to the low. The market will show some signs of life if it breaks the respective downtrend line which is getting very close to.

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CL 60 Min Chart

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