During Wednesday’s trading session, crude oil markets did very little, as we continue to hover near the previous resistance zone.
Crude oil markets have declined slightly over the course of the trading week as we continue to trade within the same range.
Again on Thursday, the crude oil markets have moved very little during the trading session, as we observe a lot of erratic behavior but a lack of momentum.
Monday’s trading session saw a little decline in crude oil prices, as the commodity continued to appear relatively weak.
Crude oil prices have suffered again on Thursday, as concerns regarding demand continue to cause severe challenges for this sector.
Tuesday’s trading session on the crude oil markets has been relatively turbulent as prices remain within a very well-defined range.
During the course of the week, crude oil markets showed symptoms of stability and continued to exhibit a great deal of erratic behavior.
As traders returned to work on Monday, crude oil prices experienced a small uptick during the day. At this time, it appears that we are still searching for a larger bounce.