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Crude Oil Under Pressure As OPEC Fails To Cut Output

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 3, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Crude oil prices continued to slide overnight, forming new lows not seen since early August, as concerns over a supply imbalance weighed upon the commodity. There continues to be mounting evidence that the oil glut is here for the long term as OPEC waivers on any consensus to cut production.[​IMG]

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