Poor Chinese economic data pushed prices down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 27, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    A predictably quiet day on world oil markets with the US closed for Thanksgiving. Poor Chinese economic data pushed prices down somewhat and has done so again this morning but crude looks destined to have an up week, albeit modestly. This day last year the Saudis, ahem, Opec, were announcing the new policy of going for market share, or as they said, not subsidising high cost producers around the world. Has it been a success, well the jury is still out and may be for some time yet. Remember

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