Reuters is reporting:
- OPEC+ the consider extending voluntary oil output cut into Q2
- May extend them into year end
The price of crude oil has spiked higher and trades at $78.64, up $1.04 on the day. The procedures reached $78.71. The next target comes in at $78.88 (high of swing area), and then the high price for the year at $79.25.
Crude oil testing the ceiling area between $78.52 and $78.88
