Crude Oil possible rebound to $96 dollars
The Crude Oil WTI chart highlights the downtrend of Oil prices, although the RSI oscillator signal oversold conditions, the chart also could indicate the price/volume trendline on support a bid higher to $96 dollars .
Global economy continues to be short Crude Oil while Crude Oil demand continues to be robust and above global supply, there no spare capacity in the near term that can increase Crude Oil output
Global economy continues to be short Crude Oil while Crude Oil demand continues to be robust and above global supply, there no spare capacity in the near term that can increase Crude Oil output