{"id":12246,"date":"2021-07-20T11:09:00","date_gmt":"2021-07-20T10:09:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=12246"},"modified":"2021-07-22T11:10:13","modified_gmt":"2021-07-22T10:10:13","slug":"what-next-for-oil-after-mondays-slump","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/what-next-for-oil-after-mondays-slump\/","title":{"rendered":"What next for oil after Monday’s slump?"},"content":{"rendered":"\n

Oil prices were hit hard on Monday amid escalating fears regarding the spread of new variants of the Covid-19 virus, compounded by the news that OPEC+ had come to an agreement to up supply in the near-term. Technicals will likely play a big role in the price action moving forward, implying a strong risk of further correction, though WTI is currently finding decent support. \u00a0<\/p>\n\n\n\n

For more trading details, please check the hyperlinks with time stamp indicated from the video:<\/p>\n\n\n\n

0:17<\/a> LCrude<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Oil prices were hit hard on Monday amid escalating fears regarding the spread of new variants of the Covid-19 virus, compounded by the news that OPEC+ had come to an agreement to up supply in the near-term. Technicals will likely play a big role in the price action moving forward, implying a strong risk of […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":[],"categories":[4,7],"tags":[45,106,48],"yoast_head":"\nWhat next for oil after Monday's slump? - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/what-next-for-oil-after-mondays-slump\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What next for oil after Monday's slump?\" \/>\n<meta property=\"og:description\" content=\"Oil prices were hit hard on Monday amid escalating fears regarding the spread of new variants of the Covid-19 virus, compounded by the news that OPEC+ had come to an agreement to up supply in the near-term. 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