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The CRUDE OIL “WTI” prices analysis
The CRUDE OIL “WTI” prices analysis

By - Jamel Lahiani

Posted - 12-07-2019

Crude Oil is one of the world’s most in-demand commodities, because it can be separated or refined into various consumer, industrial and energy products. These include gasoline (petrol), diesel, lubricants, wax, and other petrochemicals, many of which are used to manufacture plastics. The two main high-quality types of Crude oil are: West Texas Intermediate (WTI) and United Kingdom’s Brent crude.

  • The CRUDE OIL “WTI” is trending.

Today the CRUDE OIL “WTI” still trending and break the resistance line in red. If the price close belong the yesterday high level 60.98 $, the CRUDE OIL“WTI” will have a bullish movement. If the price break the resistance line and close to the downside a bearish movement will be more plausible.

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