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Market Outlook on WTI Oil – 15 April 2018

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Market Outlook on WTI Oil – 15 April 2018

1 Week ago World Cruide Oil price was falling to  hit 60 dollar barrier. Then it turned bullish all of sudden last one week. Certainly investors are concerning the US lead airstrikes in Syria. This airstrike can increase the oil price potentially. Although the price is not surge like Rocket yet, there are some gradual effect seen in the price already due to the conflict. The thing is that many news paper reports that US is avoidng the direct contact with Russia. However, how long this can be avoided? Everyone know that Russia have strong energy ties with Iran and Syria. Who would want to give up such a benefit?

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