MarketWatch | Oil prices rip higher after ECB stimulus promise echoes MarketWatch “We continue to note crude oil's recent tendency to correct oversold conditions with a sideways chop rather than upward retracements, a sign of intermediate-term weakness. We'll be interested to see if that remains the pattern over perhaps the next ... US oil settles up $1.18, or 4.2%, at $29.53 a barrel Oil Prices Notch Biggest Percentage Gains Since October WTI Crude Oil Price Forecast: Key Support on 18-Yr Chart? (Levels) |