WTI Oil Gaps Higher and Rises Further $2.5 as Middle-East Conflict Shakes Oil Markets

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil93.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil93.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-oil93-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>WTI oil opened with $2 gap higher on Monday and advanced further $2.5 in Asian session, as global supply concerns deepened following the latest wild clashes in the Middle East. Fresh strength reversed so far over 38.2% of the recent $95.00/$81.52 pullback and last week’s nearly 9% drop (the biggest weekly fall since March), adding […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/522207-wti-oil-gaps-higher-and-rises-further-2-5-as-middle-east-conflict-shakes-oil-markets/">WTI Oil Gaps Higher and Rises Further $2.5 as Middle-East Conflict Shakes Oil Markets</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>