Geopolitical Risk Fuels Crude Rebound, but Key Resistance Comes Into Play

Crude is higher after a brutal week of price action as geopolitical risk gets priced into the futures market. The U.S. announced the intention to seize three more Venezuelan tankers while Sweden boarded Russian tankers in the Baltic. Sanctions and their enforcement have historically been battles reserved for lawyers and...Filling a vehicle with Biofuel by Scharfsinn via Shutterstock