WTI crude oil futures surged last week, but have yet to materially break out of their multi-quarter trading range between $40 and $50/barrel. Today, focus will be on the weekly EIA inventory report to see if the data can help propel the energy market back to fresh highs.
https://sevensreport.com/wp-content/uploads/2016/12/CL-12.6.16.png259407Tyler Richeyhttps://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.pngTyler Richey2016-12-07 07:00:392016-12-06 16:23:17Chart of the Day: Oil Poised to Break Trading Range