Commodity Blog

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


Video: WTI Crude Oil Forecast for April 22, 2020

April 22, 2020 at 4:35 by Vladimir Vyun

In this video, Chris from DailyForex provides his forecast for WTI crude oil on April 22, 2020. While the June contract has not yet reached $0 as the May contract did, it is also collapsing and may yet go into the negative territory too. That makes it basically untradable for retail traders. Chris argues that $20 is a ceiling that prices will have an extremely hard time to break.

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