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Is The Oil Rally Coming To An End?

From oilprice.com

Oil prices are continuously rising despite the uncertainty surrounding COVID-19, with WTI nearing a two-month high on Friday morning For further research, analysis and trade recommendations, make sure you read this morning's Global Energy Alert newsletter. From an analysis of Saudi Arabia's current economic crisis to the latest updates on COVID-19, it truly is a must-read. {images} The long rally for oil prices came to a halt on Friday over fears about a slower-than-expected economic recovery in China. The Chinese government broke with tradition and declined to set a growth target for 2020 due to “great uncertainty.” ... (full story)

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  • Category: Fundamental Analysis