Oil is back above $100 (WTI)

News

I posted this earlier:

So, its only right I do something for the bulls now!

WTI has risen quickly from lows under $99 to hit just over $101:

Apart from what has been posted there is little fresh news. The China CPI data indicates the People’s Bank of China has plenty of room to add further policy easing steps, which at the margin should provide a boost to China’s economy (it needs all it can get).

Articles You May Like

Over 20 MFs boost holdings in 9 stocks in Oct, with some surging up to 65% in FY25
Forexlive Americas FX news wrap 22 Nov: US PMI data better than Europe. USD moves higher.
Breaking: US S&P Manufacturing PMI improves to 48.8 in November, Composite PMI rises to 55.3
Breakout Stocks: How to trade Indian Hotels, Nalco & Fortis Healthcare on Friday?
Major indices close higher for the trading week by the Russell 2000

Leave a Reply

Your email address will not be published. Required fields are marked *