Positive sentiment continues to drive oil markets as the OPEC meeting nears and U.S. oil rigs continue to decline. Oil prices have maintained their gains and are showing signs of heading even higher, causing analysts to consider the possiblity of a $60 price floor (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) Friday, November 3, 2017 Oil prices were mostly flat this week, but held onto their gains at a roughly two-year high. It is not clear if the gains can continue, but the fact that Brent has avoided a retracement back below $60 per barrel is good news for oil bulls. A strong rig count on Friday drove oil prices higher still – but OPEC will likely be the main driving force behind the oil price narrative for the next few weeks, […]