Crude:-
Crude oil dropped after the head of the International
Energy Agency predicted a "significant" boost to U.S. output
Sentiment in oil markets has been torn between expectations of a rebound in
U.S. shale production and hopes that oversupply may be curbed. The IEA
(International Energy Agency) said it expects higher oil prices to trigger a
significant boost in U.S. shale output. Crude oil price did not show any strong
move yesterday, to remain stable at the minor bullish channel's support keeping
its stability above it, which keeps the bullish trend scenario valid until now,
and the price needs for more positive momentum to confirm resuming the bullish
wave that its n
8817002233
No comments:
Post a Comment