U.S. plans to ease sanctions on Venezuela, allow oil in exchange for debt

Crude oil prices closed lower on Monday, as news reports that the United States sought Venezuela’s help in boosting crude supplies to fill a void created by the Russia-Ukraine war and China’s lockdown measures amid a surge in coronavirus cases could dampen energy demand.

Recommended to go short near $109.1-109.3

Recommended to go long near $98.1-98.3

The prices of oil have been crazy lately. :open_mouth: And I hope this helps alleviate the price hikes. :confused: