|Day Low/High||45.75 / 46.89|
|52 Wk Low/High||35.35 / 61.83|
The trajectory of U.S. oil production may further upset the balance of global crude supply and demand, sending commodity prices plummeting once again, one firm argues.
Price action and support and resistance levels determine the direction of these trades.
The buyer plans to pay for the deal with equity offerings and asset sales.