Oil Price Fundamental Daily Forecast – WTI Needs Rig Decline to Sustain Rally Over $48.52
U.S West Texas Intermediate and international-benchmark Brent crude oil futures reached an 8-week high on Thursday, closing higher for a fourth straight session. Support continued to be provided by last week’s huge inventory draw down as reported in Tuesday’s American Petroleum Institute’s report and Wednesday’s U.S. Energy Information Administration’s inventories report. Buyers also like Saudi … Continue reading Oil Price Fundamental Daily Forecast – WTI Needs Rig Decline to Sustain Rally Over $48.52
Source:: https://finance.yahoo.com/news/oil-price-fundamental-daily-forecast-044853755.html
