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Weekly Wrap: 18th Jan 2016

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The oil rout continued, with WTI closing at $30.66 and Brent at $29.46. WTI has since opened and gapped down to $30.11 and now broken below the $30 threshold which does not bode well for Brent when it opens later today. The acceleration of the decline was in anticipation of[​IMG]

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