US Oil (WTI)
Oil prices broke a four-week winning streak that had pushed prices to levels not seen since 2014, as investors took profit and sold off their positions on the back of production concerns out of the US. Brent crude settled at $68.61 a barrel while U.S. West Texas Intermediate (WTI) crude futures closed at $63.37 a barrel.
The outlook for the week is neutral as the only news for the week comes from the US crude oil inventories report.
US Oil (WTI) Daily Supply & Demand Zones:
US Oil (WTI) 4h Supply & Demand Zones: