Oil prices gained Ahead of OPEC+ meeting

By X-blogger - on May 29, 2024

Oil prices gained more than $1 a barrel on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of U.S. summer driving season and a weaker dollar also boosted the commodity.

The Oil-Dollar pair skyrocketed 2.1% in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 77.651 | Resistance: 79.771

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