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26.05.2020 WTI Daily Analysis
West Texas Intermediate has improved by over 70% in May, which puts it back on track for the best month record. An improvement in both demand
Yazar: editor_1
Yayınlanma: 26 Mayıs 2020 16:10
Güncellenme: 18 Kasım 2024 12:04
26.05.2020 WTI Daily Analysis
West Texas Intermediate has improved by over 70% in May, which puts it back on track for the best month record. An improvement in both demand and supply of the equation has forced the price to gain. With increased movement around the world and majorly in the US and China, this has led to the gain. Producers around the globe have reduced output to a record rate in a bid to boost the price The market has displayed signs of rebalancing, analysts are stating that if the demand continues to improve and producers keep well shut-in, the worst could potentially be over soon. As the market begins to rebalance itself, traders are concern about a second wave of the coronavirus cases which is a big risk and a may yet lead to further restrictionsİLGİLİ HABERLER
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