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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (57405)	4/9/2019 2:24:37 PM
From: Goose94	Read Replies (1) \| Respond to of 203397

Crude Oil: hit a five-month high on Monday, with WTI surging above $64 per barrel and Brent topping $71. “The mood is increasingly turning bullish, but several feedback loops are about to start spinning that stand in the way of a prolonged oil rally,” Norbert Ruecker of Swiss bank Julius Baer told Reuters. “Russia already signaled its willingness to raise oil output from June. Fuel remains costly in emerging markets, with soft currencies adding to high oil prices.” A Wall Street Journal survey of 12 investment banks finds rising expectations for oil prices. The banks average forecast puts Brent at $68 per barrel this year, up $1 from the same survey in February.