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
And I hope this helps alleviate the price hikes. 