WTI Oil Technical Analyses: Target Price 87.30 To 88.80

WTI Oil Technical Analyses: U.S. oil  may break a resistance at $86.20 per barrel, and rise into a range of $87.30-$88.80. Image source: Thomson Reuters The bullish momentum is pretty strong, as illustrated by the consecutive gains over the past few days. The contract could be riding on a wave …

READ MORE

Crude Oil Prices May Extend Gains as Investors Eye OPEC JMMC Meeting

VACCINE PROGRESS TO UNDERPIN OIL PRICES

Crude oil prices have stormed higher since falling to multimonth lows at the start of November, climbing over 40% in the last 6 weeks on the back of positive Covid-19 vaccine progress and the decision by OPEC+ to ease output cuts more moderately than expected.

READ MORE