IronFX Daily Commentary by Charalambos Pissouros | 11/04/2016
Oil soars as US rigs continue to decrease • WTI opened higher on Monday as the number of active US oil rigs continued to fall. • Further declines in rig count or inventories may keep prices supported in the short-term. • Focus remains on Apr. 17th meeting, where investors are skeptical of any freeze deal. […]