US OIL SHORT TRADE

OPEC+ proposed a 600k supply cut through to June but are still awaiting to sign off on it, with slow down in global demand this black gold asset price are keep moving lower and in technical perspective Oil traded within the major demand area $50.00 to $52.00/barrel. if big oil cartels keep delaying the agreement on supply cut it will send the oil back to the December 2018 low.
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Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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LamchiuFX