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Sentiments Turn Bearish On Oil, Will Downtrend Resume?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Oil prices on both sides of the Atlantic have fallen to 3-month low as bullish traders found little reason to keep betting on higher prices. Brent has declined by more than 15% after posting a 2016 high last month at $52.86 and WTI lost 16%. When prices started to fall[​IMG]

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