Weekly Energy Update (July 14, 2022)
July 19, 2022 at 16:03 PM EDT
by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA Since early June, oil prices have fallen significantly, breaking the psychologically important point of $100 per barrel. Technical support exists at $95 per barrel, so we will be watching to see if it holds. (Source: Barchart.com) Crude oil inventories rose 3.3 mb compared to a 1.5 [...] The post Weekly Energy Update (July 14, 2022) appeared first on ETF Trends .
