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Oil Prices Stabilize After Entering Bear Market Territory, RBA Cut Rates Inbox

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Oil prices recovered slightly early Tuesday, after both major benchmarks WTI and Brent entered a bear territory on Monday, falling by more than 20% from their June peaks. The same factors which dragged prices to a 13-year low in Jan 2016 are back in play, it's all about the oversupplied[​IMG]

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