blog.windsorbrokers.com
Strong build in crude stocks weakens the structure and risk repeated close below 200DMA - Windsor Blog
WTI oil price dipped after much stronger than expected build in weekly crude stocks (7.9 mln bls vs 1.5 mln bls f/c) data showed on Wednesday. Strong rally extended into fourth straight day and peaked at $57.83 today (the highest since 24 Sep), but repeatedly failed (Mon/Tue) to close above cracked strong barrier, provided by …