Posts Tagged: drill baby drill

WTI Crude Oil Price Analysis for January 23, 2025

By Katrina Ang January 23, 2025, 3:36 am • Posted in Commodities

WTI crude oil recently broke through its long-term descending trend line to signal that a reversal from the selloff is in order. Price is retreating from the $81 per barrel area to retest the broken trend line, which could now hold as support.

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