Bullish Sentiment Intact as Boosted Strong US Data
Crude oil rose for a second day as stock markets rallied after strong economic data. WTI crude oil price surged to as high as 76 before settling at 75.44, up +1.85%. Decline in crude inventory might have helped but the bigger-than-expected draw was possibly due to hurricane Alex.
Originally posted here:
Bullish Sentiment Intact as Boosted Strong US Data

