Oil prices could reach levels as high as $112-115 – Standard Chartered Oil WTI Banks
“Negative momentum divergence is a sign that the rally is showing signs of fatigue in the short-term.”
“Any potential consolidation may not be enough to derail the evolving medium-term uptrend. Oil appears to be on its way towards $112-$115.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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