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Oil outlook: Action or no action in OPEC meeting, go short on oil prices

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Geopolitical events are having minimal impact on the market due to the oversupply of oil, urged Gaurav Sharma, Oil Analyst for Sharecast and Digital Look, when he joined Nick Batsford on the Tip TV Finance Show. Sharma noted that all oil prices are going sideways at the moment, with OPEC having been discounting for the last 3 months. He continued that he is reasonably certain that there will be no action following the OPEC meeting on Friday. Sharma also commented on the infraction on the

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