malvinspooner

Oil price seems to have found a bottom.

Long
TVC:USOIL   CFDs on WTI Crude Oil
Around $20 seems to be where the price of WTI crude wants to settle. Although demand has been clobbered by the coronavirus global lock-down, the commodity's demand curve is not insensitive to price. Also, China is getting back to work and is the largest importer of crude globally.

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