Weekly Fundamentals - Crude's Rally Loses Momentum

Crude oil prices gained modestly last week. The front-month contract for WTI crude continued its winning streak for the 11th week gaining +0.97% while the Brent crude contract added +0.29%. We see the rally of crude is losing momentum, though support may still come from further decline in US inventory and rising gasoline demand during the driving season.

from Oil N' Gold Focus http://ift.tt/1GbvfzW