Oil Trades Near Two-Month Low

The video discusses recent trends in oil futures, focusing on both technical and fundamental analyses. It highlights the impact of psychological price levels and moving averages on market behavior. The discussion also covers the influence of rig counts, production changes, and global demand on oil prices. The video concludes with an analysis of supply and demand dynamics, emphasizing the importance of these factors in the current market environment.

What factors are influencing the supply-demand dynamic in the crude market currently?

What is the current state of demand in the crude market as discussed?