Name: Crude Oil Volatility During Thanksgiving Week
Uploaded: 2022-11-22T19:43:10.597
Duration: 9 min 11 s
Description: "The recent crude oil price was mostly news driven and it is interesting how quickly Saudi Arabia responded. Last year, crude oil had a $10 trading range around Thanksgiving. The $84 price could be a good resistance level for crude oil. Saudi Arabia denied the report that it might seen an OPEC output increase," says Paul Wankmueller,

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"The recent crude oil price was mostly news driven and it is interesting how quickly Saudi Arabia responded. Last year, crude oil had a $10 trading range around Thanksgiving. The $84 price could be a good resistance level for crude oil. Saudi Arabia denied the report that it might seen an OPEC output increase," says Paul Wankmueller,