Oil seems its done its bottom now if its hold above 47.5 we can see a corrective move toward 50-51 level also news of
Kuwait Oil Minister says
Data so far is "very positive" on oil cut compliance. We support extension of global oil supply cut after June because it will "speed up rebalancing" of market.
Advice go long in oil buy cmp 48.5 next 47.7 sL 47 Tp 51
Kuwait Oil Minister says
Data so far is "very positive" on oil cut compliance. We support extension of global oil supply cut after June because it will "speed up rebalancing" of market.
Advice go long in oil buy cmp 48.5 next 47.7 sL 47 Tp 51
Comment:
oil welcome 49 cheers.