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Brent Falls Below $30 per Barrel

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Oil prices are continuing to fall. Brent on March contracts has dropped to $29.6 per barrel. WTI with March delivery is on offer for no more than $29.5 on the market today. Oil quotes resumed their fall from the beginning of this week and this is continuing due to the head of the Saudi Aramco oil company, Khalid al-Falih, saying that investment in energy projects is to remain at the same level. Amongst the other factors, it’s worth noting that there has been a fall in demand for oil from

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