Based on technical analysis
, we could see the rebound continue and see the WTI back to 50 and above by the end of the year. There is a bullish divergence
appearing, but we should wait a week or two before confirming it is a real rebound.
However, note that some still see the WTI at 15.0... , other says "Crude prices to stay low for ‘some time' " (Total CEO
To be continued...
Stop loss 36.50