Watch the video here: https://www.investing.com/analysis/crud ... -200176858
IMHO if the next IEA Oil Market Report is bullish (i.e. falling OECD inventories again) then crude oil should move higher. It takes 60-90 days for the OPEC production cuts to move through the system, so we s/b getting close to seeing it in the weekly data.
Crude Oil Technical analysis
Crude Oil Technical analysis
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group