1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

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

    Joined:
    Sep 9, 2015
    Messages:
    8,618
    Likes Received:
    1
    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]

    Continue reading...
     

Share This Page