Breakout

21 ביולי 2020

#CrudeOil #Oil Oil prices pushed higher overnight however found itself anchored sideways during the Asian trading session as investors weighed virus and weather-driven demand whilst taking into account that US crude and gasoline stockpiles continued to shrink. OPEC+ still maintains its stance on ramping up supply to the market the month after as well. WTI prices rose by 0.4% overnight... My bias is bullish on USOil as we see a clear breakout I’m waiting on the retest