WTI CRUDE OIL

After an initial surge to levels not seen since October 2018, futures pared gains after OPEC and its allies, known as OPEC+, delayed its ministerial meeting until Friday to hold more talks on oil output policy, sources said, after the United Arab Emirates blocked a plan for immediate reduction in supply cuts.The main trend is up according to the daily swing chart. The uptrend was reaffirmed early in the session when buyers took out the previous main top at $73.70. Taking out the intraday at $75.23 will indicate the buying is getting stronger
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