WTI consolidates gains below $72 00 as recovery loses momentum
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Oklahoma City Job Listings: See Who s Hiring In The Area
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
3/5/2021 12:35:38 PM GMT | By Eren Sengezer
Saudi Arabia decided to prolong voluntary output cut through April.
WTI remains on track to post strong weekly gains.
Goldman Sachs and JP Morgan hiked Brent oil price forecasts.
Crude oil prices rose sharply following the 14th OPEC and non-OPEC Ministerial Meeting on Thursday with the barrel of West Texas Intermediate (WTI) gaining nearly 5% on a daily basis. WTI preserved its bullish momentum on Friday and touched its highest level since January 2020 at $65.53. As of writing, WTI was up 2% on the day at $65.33 and was gaining 6.2% on a weekly basis.
OPEC+ output strategy boosts oil prices