Analysis

WTI price remains firm

Bear with me today if you will, I have had a breakdown in communications and am not able to retrieve much in the way of news.

The oil price remains firm ahead of next week’s meetings, as I write WTI is up another 61 cents and knocking on the door of $50, Brent is up 67c and has cleared the $53 barrier. As is always the case the run up to the meetings will see a variety of position taking but on this occasion most of the grandstanding has been done already so  it should all go according to plan…

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