Oil Could Push to $60 on Speculation, Strategist Gecas Says

The video discusses the current trends in the oil and copper markets, focusing on the impact of US-China trade talks and NAFTA negotiations. The oil market is experiencing a slide due to increased stocks and slowing US demand, but US refinery output remains high. The Chinese purchase of Iranian oil and potential sanctions are also highlighted. The copper market is affected by low demand and supply concerns in Chile, with a focus on breaking resistance levels for momentum.

What challenges are currently affecting the copper market?

What resistance level must copper break to continue its upward momentum?