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Video: WTI Crude Oil Forecast for April 16, 2020

April 15, 2020 at 20:55 by Vladimir Vyun

In this video, Chris from DailyForex provides his forecast for WTI crude oil on April 16, 2020. He continues to be extremely bearish on crude despite the production cut by the OPEC+ announced at the start of the week. Chris argues that there is just not enough demand for oil, making it nearly impossible for the commodity to stage any significant rally in the near future.

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