WTI Oil Outlook: Oil Price Rises on Fresh Optimism But Still a Long Way Towards More Significant Recovery

<p>WTI oil advanced around 9% during Wednesday’s Asian / European trading and extended bounce from Tuesday’s $10.05 spike low above $14 per barrel. API crude stocks data released on Tuesday, showed smaller than expected build in crude inventories during the past week that sparked fresh optimism among traders and lifted oil price. Markets await release […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/291162-wti-oil-outlook-oil-price-rises-on-fresh-optimism-but-still-a-long-way-towards-more-significant-recovery/">WTI Oil Outlook: Oil Price Rises on Fresh Optimism But Still a Long Way Towards More Significant Recovery</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>