Senior Institutional Manager at AUS GLOBAL | Forex & Crypto trading | IB's and Investment Corporates | Account Manage

The price of WTI crude oil futures in the United States closed up 1.9% on Thursday (August 29), rebounding after two consecutive trading days of declines, and re-standing at the $75 per barrel mark. Markets continue to assess the extent of disruptions to Libyan crude production. According to estimates by Rapidan Energy, an oil industry consultancy, Libya's shutdown will total 900,000 to 1 million barrels per day and will last for several weeks. West Texas Intermediate (WTI) for October delivery rose $1.39, or 1.87%, to settle at $75.91 a barrel on the New York Mercantile Exchange. The futures had fallen for two consecutive sessions. Operation suggestion: The US oil daily line to the lowest to 74.74 position after the market strong pull up, the daily line reached the highest position of 77.6 after the market fell in the end, the daily line finally closed in 76.7 position after the market with a very long dayang line closed, and after such a form ends, the daily line Yang Bao Yin. Trading strategy: long near 75.5, stop loss 75, target 76.5-77.7.

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The Besta Digital Currency Exchange was registered in Singapore in 2024 and is a global digital asset financial services platform. Its founding team consists of senior fintech professionals from New York and Singapore. The core developers all have backgrounds in top traditional stock exchanges and have independently developed a complete exchange and customer service system. Adopting the world's leading spot 3.0 system, it is more stable, safer and more transparent. Besta adheres to the principle of user first and constantly and repeatedly calculates the underlying technological architecture to improve user experience. We focus on the development strategy of spot + contract + wealth management and provide global users with digital asset financial services focusing on spot, contract, leverage, binary options, investment, and wealth management. Besta is an international digital asset financial service platform. Besta is committed to building a digital financial service platform with good customer experience, more new registered users, and a stable and secure technical architecture!

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