Name: Crude Oil Lower With Overbought Conditions
Uploaded: 2023-10-03T19:59:42.31
Duration: 10 min 22 s
Description: Did the crude oil price move lower due to overbought conditions? Is there support around the $85 to $86 level? Scott Bauer says that there are demand concerns that are playing into the energy commodity's price. How does crude oil affect what consumers pay at the pump? Next, Bauer weighs in on the U.S. Dollar price resistance level, as well as how gold is performing.

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Did the crude oil price move lower due to overbought conditions? Is there support around the $85 to $86 level? Scott Bauer says that there are demand concerns that are playing into the energy commodity's price. How does crude oil affect what consumers pay at the pump? Next, Bauer weighs in on the U.S. Dollar price resistance level, as well as how gold is performing.