Oil bulls are out in force as OPEC+ succeeds in draining global inventories while successful vaccine programs give hope that the end of the global pandemic may be in sight. Friday, May 28th, 2021WTI is testing the $70 threshold, and the oil bulls are out in full force this week. Oil Prices Poised For A Breakout As WTI Nears $70. Oil prices were rising early on Friday and headed to a second consecutive week of gains after the U.S. signaled that there may not be an imminent announcement of an agreement for the United States and Iran to…
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