Crude Oil Sits on a Make or Break Level as Iran Talks Stall: Will Buyers Defend 85?
Crude oil futures have rotated lower from the 105 area (Daily level 2) to the 85 area (Daily level 3), which is confluent with yearly VWAP, after a sharp sell-off following the US midterm elections. Recovering Middle East supply and a US inventory build are weighing on prices, while the US blockade

