Oil is unable to break the $80 price resistance, trades in a narrow range between $78 and $79. Two merchant sailors have been killed on the Red Sea, since the Yemen Houthis began (November 2023) their attacks of commercial shipping. Saudi Arabia hikes the oil price for Asian buyers. Oil is lightly bid over $79.

Oil is unable to break the $80 price resistance, trades in a narrow range between $78 and $79. Two merchant sailors have been killed on the Red Sea, since the Yemen Houthis began (November 2023) their attacks of commercial shipping. Saudi Arabia hikes the oil price for Asian buyers. Oil is lightly bid over $79.

Houthi rebels from Yemen, launch a Ballistic missile attack on a Barbados flagged freight ship off the Gulf of Arden. Two sailors killed, six injured.

Saudi Arabia hikes main grade oil price for buyers in Asia.

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All CHIASMUS oil analysis, please refer: chiasmusmagazine.blogspot.com/search/label/oil

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