WTI Crude Oil Outlook Remains Constructive, $70 is the Line in the Sand
of clients are net short. Long
News
of clients are net short. Long
News
of clients are net short. Long
News
of clients are net short. Long
News
2021-07-17 04:00:00
Diego Colman,
Market Analyst
OIL WEEKLY FORECAST: SLIGHTLY BULLISH
Oil prices have retraced from its yearly high as OPEC+ infighting over production quotas and concerns about new COVID-19 outbreaks have weighed on sentiment
Despite the recent pull-back, the outlook remains constructive for WTI crude prices
In the week ahead, if the $70 support area holds, there is reason to believe bulls could set the stage for the next leg-higher
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