China falling demand, plus oil glut, plus Russian oil sanctions, keeps the oil price above $65, which is a sweet spot for oil prices. But, any sign of an economic global crash and/or stagflation/geopolitical and this thing could go either way. precarious.

China falling demand, plus oil glut, plus Russian oil sanctions, keeps the oil price above $65, which is a sweet spot for oil prices. But, any sign of an economic global crash and/or stagflation/geopolitical and this thing could go either way. precarious.

News:

How China Curbed Its Oil Addiction—and Blunted a U.S. Pressure Point - WSJ

Oil prices fall as key trade talks falter ahead of tariff deadline - Reuters

Concerns of a Global Crude Oil Glut Undercut Prices - Barchart

Oil is bid above $65, resistance at $68

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