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Will WTI Hold Above $80?

Name: Will WTI Hold Above $80?
Uploaded: 2023-04-04
Channel: David Kindley
Description: Oil has started consolidating after a bull rally saw prices hit a 2-month high.The OPEC surprise cut in output is still being digested by traders, as the weekend gap has pushed the black gold over $80.With the elevated levels and inflation implicatio

By David Kindley Last updated Apr 4, 2023 87 0

Oil has started consolidating after a bull rally saw prices hit a 2-month high.

The OPEC surprise cut in output is still being digested by traders, as the weekend gap has pushed the black gold over $80.

With the elevated levels and inflation implications, the question is, will WTI go higher?

Timestamps

#WTI 01:35

#BRENT 03:05

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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