Description
Crude oil prices continue to attract dip buyers as stronger U.S. economic growth and falling crude inventories support the weekly outlook. But rising gasoline stocks and mixed global supply signals raise questions about the strength of underlying demand.
This WTI and Brent oil forecast examines resistance near $105 for WTI and the critical $120 ceiling for Brent. Next week's U.S. petroleum report and employment data could help determine whether bullish momentum continues.
For the full article:
https://www.fxempire.com/forecasts/article/crude-oil-weekly-price-forecast-oil-continues-to-see-dip-buying-1641644/
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