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Crude Oil: Oil Extends its Losses in the Asian Session

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 31, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Crude Oil prices declined 1.48% against the USD for the 24 hour period ending 23:00GMT, closing at 36.70, after US crude stockpiles surprisingly increased in the week ended 25 December along with signs that Saudi Arabia will not limit its oil production. Yesterday, the Energy Information Administration (EIA) disclosed that US[​IMG]

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