Oil buyers showing renewed vigour, WTI above $80

While demand is recovering as economies improve and emerge from COVID-19 the bigger story is supply. OPEC is adding a trickle to output each month supply bottlenecks cold weather in Europe boosting demand (and for oil alternatives .... hello LNG) Earlier post as a reminder: Invest in yourself. See our forex education hub.

Oil buyers showing renewed vigour, WTI above $80

While demand is recovering as economies improve and emerge from COVID-19 the bigger story is supply.

  • OPEC is adding a trickle to output each month
  • supply bottlenecks
  • cold weather in Europe boosting demand (and for oil alternatives .... hello LNG)

Earlier post as a reminder:


Invest in yourself. See our forex education hub.