Oil Rallies but is Correction Looming?

Oil prices continue the rally at the start of the trading week.

This comes after the EIA announced that US gasoline inventories fell by 0.5-million barrels.

In addition, driving season in the US is starting, which is when demand for gasoline is typically at its seasonal peak.

So is a correction on the horizon, or will we see the black gold at recent fresh highs?

Timestamps

OIL 01:50

GOLD 03:05

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