yesterday WTI managed to get above the $47 leve,
as traders increased their bets on the recovery of oil demand.
This means that the oil market has easily managed to shrug off bearish inventory data as traders focused on the future.
and at the moment oil price is looking for support zone and that support might be $46.56 ,look for buying opportunities on oil
as traders increased their bets on the recovery of oil demand.
This means that the oil market has easily managed to shrug off bearish inventory data as traders focused on the future.
and at the moment oil price is looking for support zone and that support might be $46.56 ,look for buying opportunities on oil
