WTI OIL Outlook: Fresh Optimism Lifts Oil Price above $40 Barrier Again

<p>WTI oil probes again through psychological $40 barrier on Friday after the first attack on 8 Jun failed. Bullish sentiment was restored after completion of shallow $40.41/$34.33 pullback on renewed hopes of improvement in global demand, with growing fears of the second wave of coronavirus having so far minor negative impact. Oil prices were additionally […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/304842-wti-oil-outlook-fresh-optimism-lifts-oil-price-above-40-barrier-again/">WTI OIL Outlook: Fresh Optimism Lifts Oil Price above $40 Barrier Again</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>