Oil Price Forecast to reach $85-$90" at Index

INA - BAGHDAD 

Crude oil hit a fresh post-OPEC high above $81.80, before sliding more than $1 from there.

However, the path of least resistance remains to the upside following the big price upsurge on the back of the OPEC’s unexpected decision at the weekend.

WTI forecast revealed that oil will reach $85 to $90 before any serious signs of weakness emerge.