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Crude Oil Rally Stretched, Risk of Possible Correction Ahead - Vimarsana News

Crude Oil Rally Stretched, Risk of Possible Correction Ahead

Crude Oil Rally Stretched, Risk of Possible Correction Ahead 2021-02-15 12:05:00 Justin McQueen, Analyst Oil Technical Levels to Watch Crude Oil Prices Extend Rally as Tighter Supply Underpins Oil prices have gone from strength to strength in recent months, as market participants look to a brighter 2021. That said, the acceleration in the move higher has stepped up with Brent crude futures breaking out since the move above $60, having last week recorded its 4th consecutive weekly gain. Among the primary reasons for this super...