WTI Crude Oil Retesting 41.00 Handle
Crude oil prices are testing the 41.00 level once again.
At the time of writing, oil prices are trading above the 41.00 level. However, only a strong daily close above this level will confirm the upside.
Still, WTI crude oil will remain in the 42.00 and 41.00 range in the near term.
A breakout above the 42.00 handle will potentially see further gains coming.
In the near term, failure to close above the 41.00 handle could see oil prices risking a move lower.