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Crude oil prices — Brent as well as WTI — climbed yesterday above their 200-day moving averages for the first time since July 2014 on hopes for a production-freeze deal this weekend in Doha. The rally means oil is increasingly priced to perfection ahead of today's US inventory report. But nothing is ever perfect in the oil markets.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/oil-increasingly-priced-to-perfection-but-is-it-7439492?utm_medium=tf4-feed&utm_source=extract
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