WTI OIL Outlook: Post-Fed Recovery Attempts So Far Lack Momentum to Accelerate Stronger

<p>WTI oil eased $1 in European trading on Tuesday after attempt to extend recovery stalled at $25.64. Oil was boosted by Fed&#8217;s latest steps to bolster the economy, hit by corona virus pandemic, but $2 trillion-worth aid package is still waiting for approval of the Congress. Weaker dollar after Fed&#8217;s announcement also helps oil prices. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/282296-wti-oil-outlook-post-fed-recovery-attempts-so-far-lack-momentum-to-accelerate-stronger/">WTI OIL Outlook: Post-Fed Recovery Attempts So Far Lack Momentum to Accelerate Stronger</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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