Fx-jomic

WTI CRUDE OIL UPDATED

Long
TVC:USOIL   CFD Petrolio WTI
Oil prices have posted substantial gains in recent weeks, and most recently after fully pricing in the impacts of U.S. economic stimulus, combined with more positive vaccine news with the approval of the one-shot Johnson & Johnson vaccine. However, Rystad Energy points to some caveats and potential pitfalls for crude prices: OPEC+ could add more supply this week; refinery maintenance season is upon us, and Chinese demand has run into a bit of a soft my range is between $59 to $62 that's 2% move look for buying opportunity
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