WTI Crude oil continued to push higher, gaining 5.50% in yesterday’s session and closing above $62pbl, as US production struggled to fully restart and some analysts estimating that the pandemic-caused supply glut will be drained by summer. API weekly crude inventory data expected today with technicals favoring further upside as $62 support level holds.
Support: 62 / 61.55 / 60
Resistance: 63 / 63.50
