🔻 Oil moved bullish from the bearish dollar and hope to come from the COVID-19 vaccine but it closed below $47
🔹 A little bit more of a bullish move is possible from here as well. But the fundamentals won't change
🔹 The fact is that oil has a huge oversupply issue and that will lower oil's price once the hype regarding the vaccine is over
🔹 A little bit more of a bullish move is possible from here as well. But the fundamentals won't change
🔹 The fact is that oil has a huge oversupply issue and that will lower oil's price once the hype regarding the vaccine is over
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