๐ข๏ธ Oil prices have steadied around $70 after tumbling almost 10% last week.
๐บ๐ธ Renewed tensions between the US and Iran briefly revived concerns over supply disruptions.
Gains proved short-lived after reports emerged that Washington and Tehran had agreed to suspend hostilities.
The RSI has slipped into oversold territory, suggesting a period of consolidation could be on the cards.
๐ Whatโs next for Oil?