WTI futures in a steady advance since early December Posted a fresh 5-month peak before paring some gains Oscillators point to overbought conditions WTI oil futures (May delivery) have been in a slow but constant recovery from their December bottom of 67.97, posting a fresh five-month peak of 86.20 on Wednesday. Meanwhile, the 50-day simple moving average (SMA) is positively closing the […]
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