With the race of the coronavirus (COVID-19) flashing positive signs off-late, the Bank of America (BofA) eyes further recovery in the oil market conditions. Additionally, the US bank expects a high for Brent oil near $60 for 2021 summers in the Northern hemisphere backed by easing travel restrictions to boost demand. That said, WTI eases from the highest since early March while taking rounds to $44.85. The energy benchmark flashed the heaviest rise last two weeks the previous day amid market optimism over the US President-elect Joe Biden’s transition as the national leader. Read: WTI eases from multi-day high to sub-$45.00 area on API stockpiles FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Price Analysis: Bumpy road for the bulls around 1.1900 FX Street 2 years With the race of the coronavirus (COVID-19) flashing positive signs off-late, the Bank of America (BofA) eyes further recovery in the oil market conditions. Additionally, the US bank expects a high for Brent oil near $60 for 2021 summers in the Northern hemisphere backed by easing travel restrictions to boost demand. That said, WTI eases from the highest since early March while taking rounds to $44.85. The energy benchmark flashed the heaviest rise last two weeks the previous day amid market optimism over the US President-elect Joe Biden’s transition as the national leader. Read: WTI eases from multi-day high to sub-$45.00… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
