USOIL WTI CFD Weekly - 10 - 14 Aug 2020

Last week, US oil jumped over 1% to regain $41.50 after Saudi Aramco’s CEO said that oil demand recovery is picking up amid easing lockdowns worldwide.

We are looking to the upside as price is hovering on uptrend channel and targeting price to retest again resistance key level on 43.50 towards 44.50 upper line