Oil dips as market awaits Trump’s executive orders on energy

By X-blogger - on January 21, 2025

Oil prices settled lower after U.S. President Donald Trump was sworn in for a second time, and said he would immediately declare a national energy emergency, promising to fill up strategic reserves and export American energy all over the world.

The Oil-Dollar pair fell 1.7% following a 2.3% intra-session dip. The Williams indicator is giving a negative signal.
Support: 73.47 | Resistance: 79.439

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