Oil hits three-week high, what's next

Discussion in 'Technical Analysis' started by ForexLive, Aug 9, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Oil touches best level since last week in July WTI crude oil is up 16-cents today to $43.17 after rising as high as $43.52. The market is watching OPEC, which revealed plans yesterday to hold informal talks next month. At the same time, officials have been quick to shoot down the idea of an output freeze after the April imbroglio.

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