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Oil Price Forecast: WTI and Brent Rally Gains Steam Despite the IEA Increasing 2023 Supply Outlook

Published: June 14, 2023

Oil prices enjoyed a slight renaissance of late despite a mixed report from the IEA this morning. Technicals hint at higher pricing but will the US Dollar scupper its plans?

Source: dailyfx.com

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United StatesZain VawdaOil DailyStrategic Petroleum ReserveAmerican Petroleum InstituteInformation AdministrationYoy DeclinesYear LowsPetroleum InstituteFed Chair PowellFeds JulyOil Daily ChartMarket Writer