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Crude Oil Weekly Price Analysis – Crude Gives Back Some Gains for the Week
FX Empire· 2026-01-17 00:14
That being said, keep in mind that Monday is Martin Luther King Jr. holiday in the United States and therefore oil will only trade for about half the session on Monday around the world electronically. And that could have a major impact on what happens next. Furthermore, we could or could not, we just don’t know, see military action over the weekend. So, this is a market that’s primed to either jump or fade, and it’s probably nowhere between the two.The candlestick does suggest that maybe people think that m ...