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Wednesday, March 06, 2019 8:42:41 AM
OIl (Cl/WTI): Fundamental Review & Forecast
The rates continue within the upward trend, but the intensity of the trend is falling rapidly. In February oil was strengthened by increasing the probability of a solution to the trade conflict between China and the United States and a truce between these countries, but as time goes by investors are not receiving any concrete evidence of progress in the trade negotiations. In addition, oil prices are limited in growth due to forecasts of a slowdown in the global economy.
More information see here
https://superforex.com/analytics/fundamental-analysis/o-il-cl-wti-fundamental-review-forecast--1515/?x=FORUMS
The rates continue within the upward trend, but the intensity of the trend is falling rapidly. In February oil was strengthened by increasing the probability of a solution to the trade conflict between China and the United States and a truce between these countries, but as time goes by investors are not receiving any concrete evidence of progress in the trade negotiations. In addition, oil prices are limited in growth due to forecasts of a slowdown in the global economy.
More information see here
https://superforex.com/analytics/fundamental-analysis/o-il-cl-wti-fundamental-review-forecast--1515/?x=FORUMS
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