Trade Ideas: Oil Prices Could Rally on US Infrastructure Spending

Oil markets continue to trade at depressed levels, and we are now seeing many long-term investors looking for new opportunities to buy at a discount.  Oil prices are attempting to recover the $50level, and this has been due largely to the fact that more infrastructure spending will benefit energy markets.

In this binary options price chart, we can see that oil prices found support just below the $48 level and we are now trading roughly $2 higher.

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