<p style=““ class=“text-align-justify“>After the gains on Friday, oil is giving a decent amount back today with WTI crude down 1% to $78.95 at the moment. From a technical point of view, the $80 mark and 100-day moving average highlighted at the end of last week <a target=“_blank“ href=“https://www.forexlive.com/news/oil-a-big-winner-on-the-day-as-russia-says-that-it-would-cut-production-in-march-20230210/“ target=“_blank“ rel=“follow“>here</a> remain obstacles for any upside break.</p>

This article was written by Justin Low at www.forexlive.com.