 Strong bullish acceleration on Monday WTI contract was up around 3 in AsiaEurope retraced close to 50 of last weeks 8.5 drop, as sentiment improved on Chinas opening its borders that brightened the outlook for oil demand, while weaker dollar also contributed to higher oil prices. Technical studies on daily chart are improving as 14-d ... The post WTI Oil: Oil Price Rises on Renewed Demand Optimism But Key Barriers Still Hold appeared first on Action Forex... 