WTI Oil Outlook: Bulls Approach Critical Barriers, On Track For Third Strong Weekly Rally

<p>WTI oil price rose above $28 on Friday, approaching key barriers at $29.05/10 (daily cloud base/Fibo 38.2% of $65.63/$6.52). Improved sentiment on gradual easing of lockdown measures, re-start of China’s economy and signs of further production cut, inflate oil prices. Oil is on track for the third consecutive strong weekly gains (up 16.3% for the […]</p>
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