Oil rally hides bigger issues – Investopedia

Oil rally hides bigger issues – Investopedia

Oil prices are approaching pre-pandemic levels after a crazy 2020 that saw futures turn negative and prices plummet before climbing back to over $ 50 a barrel for West Texas Intermediate (WTI) after hitting $ 11 in April. We’ll look at the rally in oil and some issues that could further derail the price recovery. […]
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