Fx-jomic

CRUIDE OIL WTI

Long
TVC:USOIL   CFDs on WTI Crude Oil
as the plunge in oil stockpiles supported oil prices helping them to gain more than 2% amid the strong U.S dollar.
Adding to positive bias triggering oil traders to go long,
are reports coming from Organization of the Petroleum Exporting Countries (OPEC) and its allies,
a group led by the Saudis and Russians emphasizing on keeping the status quo coupled with broader sentiments,
stating its unlikely they will consider easing oil production anytime soon.

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