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Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Video: WTI Crude Oil Forecast for April 21, 2020

April 20, 2020 at 22:35 by Vladimir Vyun

In this video, Chris from DailyForex provides his forecast for WTI crude oil on April 21, 2020. He dismisses the current unprecedented collapse of prices below the $0 level because the slump was in the May contract which expires at the end of Tuesday’s session. Indeed, the June contract demonstrated in the video was trading above $20 at the time of the recording. But Chris predicted that the price may easily fall below that level to $17 or even $15.

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