Oil Gap - A Game Changer for its Prices

Gap means a runaway in prices or a confirmation of a clean break away from its downtrend line. (Technical)

OPEC-Plus made a surprise announcement to reduce oil production starting May. Unlike OPEC, OPEC-Plus involve many more countries. This signals a synchronise effort to boost crude oil prices. Expect a much higher oil prices to come. (Fundamental)

My recent crude oil videos:
• Crude Oil Outlook - USD106 as major resistance
• Why Crude Oil is Trending Higher Again, Breaking Above US$100
• Correlation - Crude Oil & CPI
• Crude oil a leading inflation indicator
See its link below.

3 types of crude oil for trading:
• Crude Oil Futures
0.01 per barrel = $10.00
Code: CL

• E-mini Crude Oil Futures
0.025 per barrel = $12.50
Code QM

• Micro WTI Crude Oil
0.01 per barrel = $1.00
Code MCL

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• What presented here is not a recommendation, please consult your licensed broker.
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