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Oil price fell yesterday

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 20, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The oil price fell yesterday, maybe the Chinese data spooked it a bit and there are some bears around who feel that tomorrows ‘technical’ meeting at Opec is just a bit of a charade. What is indisputable is that gasoline is falling again, no great surprise after the driving season and with such a large stock position overhanging the market. Retail gasoline is down too, the average gallon of gas in the USA now costs $2.277 which is down 6 cents on the week and 84.3 cents on the year.

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