Oil Price Forecast: The Fundamental and Technical Backdrop Remains Bullish for WTI - DailyFX

Oil prices could rise in the short term if China begins to dismantle the Shanghai lockdowns and the European Union reaches an agreement among member states to ban Russian oil imports.

OIL PRICE OUTLOOK: BULLISH

• WTI oil prices make a round trip and end the week little changed around the $110 level, despite strong volatility
• If China moves to lift Covid-19 lockdowns… [+3772 chars]
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