Oil Surges to a New High of the Year

<p><img width="500" height="344" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-oil43.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/05/f-oil43.jpg 500w, https://www.actionforex.com/wp-content/uploads/2018/05/f-oil43-100×70.jpg 100w, https://www.actionforex.com/wp-content/uploads/2018/05/f-oil43-218×150.jpg 218w" sizes="(max-width: 500px) 100vw, 500px" /></p>
<p>As the chart shows, the day before yesterday, a barrel of WTI cost USD 87.87, but this morning, the price exceeded the level of USD 93. That is, the growth was more than 6% in just 2 days. The main driver of such growth remains the voluntary reduction in oil production by OPEC+ countries. Added […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/520687-oil-surges-to-a-new-high-of-the-year/">Oil Surges to a New High of the Year</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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