Яндекс.Метрика WTI crude oil nears the highs of the week – Technologies of the future for life!
Home / Forex Treiding / WTI crude oil nears the highs of the week

WTI crude oil nears the highs of the week


  • share

Oil up 2.7% today

WTI crude is up $1.40 to $52.55 today in part due to reports that Saudi has cut exports to the US scheduled for January.

In the bigger picture, there isn’t any reason to be particularly optimistic but there are some signs of a bottom; or at least a temporary one.

Daily chart:

At the moment, it’s like the entire market is surveying the scene for 2019 and trying to figure out if there will be a slowdown or a recession.

ForexLive

About SkyNET

Leave a Reply

Your email address will not be published. Required fields are marked *