Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Video: Crude OIl in Middle of Week March 23-27

March 25, 2020 at 7:08 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about crude oil in the middle of the week of March 23–27, 2020. He advises how traders should react to the recent volatile moves of the commodity. It is especially important to watch the news about the coronavirus spread as oil prices tend to have an inverse correlation to the number of new cases. US inventories data from the API and the EIA in the middle of the week can also have a big impact on prices.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.

Leave a Reply