Crude Oil – Buy around 95.00, target 98.00-104.

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Crude Oil – Buy around 95.00, target 98.00-104.Crude Oil FuturesNYMEX_DL:CL1!HardworkingMinersCrude Oil Market Analysis: The trading dynamics in crude oil can be confusing, mainly due to the volatile situation in the Middle East and the unresolved Strait of Hormuz issue. Fluctuations in news, with good and bad news constantly shifting, cause crude oil prices to rise and fall. However, overall, it's hovering around the strong support level of 91.00-90.00. Today, consider buying crude oil at 95.00 to see if it rebounds. Don't consider selling if it approaches the strong support. Fundamental Analysis: The Middle East situation is the focus of attention, with the Strait of Hormuz being the most crucial element. This week's data releases are all routine, with no major releases. Trading Recommendation: Crude Oil – Buy around 95.00, target 98.00-104.