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Crude Oil Price Outlook Volatile as Covid Clashes with Vaccine Hope

MENAFN

2020-11-21 14:12:50

(MENAFN - DailyFX) CRUDE OIL PRICE PRIMED FOR VOLATILITY AMID CONFLICTING FUNDAMENTAL DRIVERS. Crude oil has climbed a whopping 18.5% higher month-to-date. Potential for oil price volatility looks likely due to mixed outlook. Commodity traders clash over lockdown risk, vaccine optimism. Crude oil price action climbed 5.7% this past week....

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