Oil Clinging to the Uptrend on Low Supply

<p>Oil gained 1.5% on Thursday morning to $103.75 per barrel for WTI and $108.2 for Brent, continuing to cling to the uptrend since December. Over the past six weeks, oil price movements are no longer unidirectional, but the market remains in ‘crisis mode’. In April, oil is supported on the declines towards the 50-day moving […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/440287-oil-clinging-to-the-uptrend-on-low-supply/">Oil Clinging to the Uptrend on Low Supply</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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