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Crude Prices Surge To Fresh 2016 Highs

Discussion in 'Technical Analysis' started by Kaitlin, May 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Brent and WT crude oil prices have sharply extended their advance to fresh 2016 highs on this first day of the new week by approx. 3 per cent each so far. According to Goldman Sachs, the oil market has gone from 'nearing storage saturation to being in deficit much earlier'[​IMG]

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