RSS WTI Oil – Increased Demand on Holiday Season Lifts the Price Further

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 RSS WTI Oil – Increased Demand on Holiday Season Lifts the Price Further

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WTI oil price advanced around 1.3% in holiday-thinned trading on Monday, underpinned by increased fuel demand on holiday season that was reflected on stronger than expected drop in crude inventories. Near-term picture is turning positive on improving daily technical studies (positive momentum / daily Tenkan/Kijun-sen in bullish setup) and signals attack at key barriers at […]

The post WTI Oil – Increased Demand on Holiday Season Lifts the Price Further appeared first on Action Forex.
 
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