You are here

CHARTPOINT

WTI oil: a correction to the downside soon?

FOR the past four months, West Texas Intermediate Crude (WTI) oil has made remarkable progress to the upside. Despite the recent rally, we believe there might be limited upside ahead as the confluence of 60-month moving average and 62.58 resistance area stands in the way.

As WTI oil tests...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes