On Wednesday Oil went higher although fears regarding the outlook for the global economy halt increased. That small increase is the first in three trading sessions. Global economic concerns have pressed market view lately and warnings that the global supplies are tightening.
International Brent crude oil futures went up about 7 cents to about $62.00 per barrel while the U.S. West Texas Intermediate (WTI) crude futures went up to $53.74 per barrel.
Trump’s State of the Union speech
Daily Analysis - 06/02/2019