August 16, 2021
Crude oil managed to keep the bullish bias from the previous session – a fundamental look!
BlogadminpoolsDuring an early Asian trading session on Friday, WTI crude oil prices managed to expand their gains the day before, staying like bulls well above the level of about $ 40.00, as strong U.S. economic data boosted hopes for a U.S. economic recovery. u. This seeks to support fuel demand and contribute to rising crude oil prices. Moreover, sentiment around crude improved further on Thursday, after the Energy Information Administration reported a drop in crude oil inventories by 1 million barrels for the week ending October 16th. On the other hand, gains in […]