WTI oil continues to rise strongly and standing around $116 per barrel in early Thursday’s trading. Extremely volatile market conditions are unlikely to ease as war in Ukraine extends into eight day, boosting turmoil in the global energy markets, which fears of stronger supply shortages that would further lift oil prices. US crude and fuel […]
The post WTI Oil Outlook: Prices at the Highest Levels Since 2008, Psychological $120 Barrier Comes in Focus appeared first on Action Forex.
Against the backdrop of military developments in the Middle East, the situation in the oil market is evolving rapidly. Only two days have passed since 9 March, when we published a morning analytical note in Read more…
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