Oil Rallies As Hopes Of Supply Cuts And Trump Intervention Rise

<p>The price of crude oil rallied in overnight trading as momentum continued for the second day. The rally is partly because investors hope that Trump will intervene and help oil companies. It is also because the market hopes for natural supply cuts as more shale companies reduce their production. Further, there are hopes that geopolitical […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/289719-oil-rallies-as-hopes-of-supply-cuts-and-trump-intervention-rise/">Oil Rallies As Hopes Of Supply Cuts And Trump Intervention Rise</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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