WTI Crude held onto gains, after failing to print an hourly close below $44 pbl, trading in a range between $44 and $46 as investors await today’s OPEC+ meeting decision where a gradual relaxation of production cuts seem to be the most likely scenario. Technicals favor another attempt towards $46 resistance level once $45 resistance is confirmed as support.
Support: 44 / 43.50
Resistance: 45 / 46