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WTI crude oil futures settled up $1.67 to $78.74 up 2.3% after broke the 50wma and 200dma.
– Relentless talk of Chinese stimulus
– OPEC+ production cuts
– SPR sales to buys
– Risk on asset buying
– Goldman Sachs bullish note
– Call delta coveringWTI crude oil futures closed over $80.00 in a weak of volatility in risk markets with central bank meetings and big data. We saw lower second quarter
[See the full post at: Around The Barrel – Crude Oil and Gasoline Traders Outlook for the Week Ahead]
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