Weekly Oil Report: More Bullishness by New IEA ReportsOctober, as expected, brought oil growth after 4 months of fall. November also opened with positive sentiments. During its first week, crude oil grew by 4.71 %.
The volume and MACD are showing slight weakness in bulls. We might see oil moving a bit more slowly during the week.
With supply issues at the moment, we can expect that the price stays in 90 channel for the week.
