WTI Oil plunges below $37

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Global Markets WTI Oil has tumbled to another fresh 6year low and visited prices not seen since 2009 at $36.61. Concerns over factors such as an aggressive oversupply in the markets and a reduced demand for oil are continuous, and are affecting any remaining investor attraction towards oil. The decision from OPEC late last week to leave production levels unchanged has left a damaging mark and with investor sentiment continuously weak, the gates have been left wide open for WTI Oil to trade to

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