WTI Crude Oil Forecast: Brent Sees Continued Volatility As OPEC Cuts Again
June 06, 2023 at 08:28 AM EDT
Brent markets experienced an upside gap, testing the 50-Day EMA before retracing slightly. This indicates an ongoing struggle for Brent to advance, despite OPEC's concerted efforts to provide support. Consequently, volatility is expected.