West Texas OilLong
OIL PRICES RETURN FROM BOTTOM OF CHANNEL
Following the news that OPEC states in a meeting in Jeddah discussed to extend the global supply cut as of June, the oil prices return from the bottom of the channel and started to rise.
We expect the rise in oil prices to countinue. If the 64.59 level breaks in oil, the 66.30 resistance level can be tested.
We expect the rise in oil prices to countinue. If the 64.59 level breaks in oil, the 66.30 resistance level can be tested.
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