Weekly Oil Report: More Bullishness by New IEA Reports
October, as expected, brought oil growth after 4 months of fall. November also opened with positive sentiments. During its first week, crude oil grew by 4.71 %.
The volume and MACD are showing slight weakness in bulls. We might see oil moving a bit more slowly during the week.
With the supply issues at the moment, oil can stay in the channel of 90
The volume and MACD are showing slight weakness in bulls. We might see oil moving a bit more slowly during the week.
With the supply issues at the moment, oil can stay in the channel of 90
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