WTI oil price regained traction after a gap-lower opening and subsequent dip on Monday, pressuring last Friday’s three-week high, posted after Friday’s 5.3% rally. Signals that the Fed may ease its firm hawkish stance in tightening monetary policy in coming meetings, deflated dollar and lifted oil prices, with news that China will stick to its […]

The post WTI: Oil Holds Bullish Tone after Friday’s 5.3% Rally appeared first on Action Forex.