Oil is getting absolutely ravaged

Discussion in 'Technical Analysis' started by ForexLive, Jan 6, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    WTI crude oil falls below $34 Crude is down $2 and has broken below $34 to $33.98 in heavy selling. This week's oil inventories were much tighter than expected but that was more-than offset by massive surpluses in gasoline and distillates that suggest sharply lower demand for oil from refineries in the near future.

    Read full forex technical analysis here

Share This Page

free forex signals