Crude Breaks Above 80 ahead of ISM

Following strength in the stock market, crude oil surged in European session with the front-month contract breaking above 80 for the first time since May 6. Although Chinese PMI came in weaker-than-expected in July, investors remain bullish as corporate earnings results have so far been strong.

Continued here: 
Crude Breaks Above 80 ahead of ISM

Leave a Reply