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Crude oil pushes against $32.00 per barrel

Discussion in 'Market News' started by ForexLive, Jan 26, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Supply cuts sends the price higher. The price of the WTI Crude oil contract is pushing against the $32 a barrel as I type and the headlines say that the price is up 20% since the low (they use the Feb contract low). Of course it is down a whole lot more as evident from the daily chart below.

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