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OilReporting

Oil Rises in Asia as Hopes of Cuts Assists in Push

Light Crude Oil Futures (NYMEX:CL1!)  
OilReporting  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Chart Patterns Beyond Technical Analysis Oil brent WTI CL cl1 fundamental-analysis Technical Analysis
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Oil prices within the Asian session today have pushed above the $38 handle for a brief moment as increasing optimism surrounding production cuts by OPEC+ members have spurred increased levels of buying during the day.

Markets pushed well higher throughout the day as hopes of these cuts along with production data released during last night’s US session assisted in today’s positive sentiment within the market..........
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