WTI Oil: Crude Oil Price Rises Further on Growing Supply Concerns

<p><img width="612" height="385" src="https://www.actionforex.com/wp-content/uploads/2019/01/f-oil66.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2019/01/f-oil66.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/01/f-oil66-600×377.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>WTI Oil price rose further in early Thursday’s trading, in extension of 3.5% rally on Wednesday, the biggest daily gain since Nov 17. Worsening fundamentals on closure of one of the largest oil fields in Libya and increased tensions around Israel-Palestine war, inflated oil price. Stronger than expected fall in US crude inventories (API report, [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533887-wti-oil-crude-oil-price-rises-further-on-growing-supply-concerns/">WTI Oil: Crude Oil Price Rises Further on Growing Supply Concerns</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>