Oil tries to be the BAT harmonic model on the daily frame that will be highly compatible with the other demand areas mentioned in the weekly analysis video.
Also, Hicon has reached the bottom line of the downward price channel shown, from which it is possible to buy oil in the next period, from zones of 68.50 to 67.00 to target levels of 72 and then $75 per barrel.

Today, Russian President Vladimir Putin visited Saudi Arabia on a hasty visit to the Middle East, during which he was accompanied by Russian fighter jets.

Putin's meeting with Saudi Arabia's crown prince came after oil prices fell despite the OPEC group announcing further production cuts.