Thursday , 14 November 2024
Home Forex Crude Oil tries to bounce off support after OPEC slashes forecasts again
Forex

Crude Oil tries to bounce off support after OPEC slashes forecasts again

Crude Oil is enjoying some support with a bounce higher, just shy of 1% of intraday gains on Tuesday. The Organization of the Petroleum Exporting Countries (OPEC) report released on Tuesday spelled out the obvious element of oversupply, with OPEC

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Elon Musk met with Iran’s UN Ambassador in attempt to defuse US-Iran tension

In more geopolitical news:Meeting: Elon Musk met with Iran’s U.N. Ambassador Amir...

Pres. Elect Trump picks Jay Clayton as SEC Chair…again

Pres. Trump has reappointed former SEC Chair Jay Clayton for the same...

Forexlive Americas FX news wrap: Powell says no “need to be in a hurry to lower rates”

Fed's Powell: Economy isn't sending signals that we need to be in...

What is on the economic calendar in the Asian Pacific session for 15 November 2024

New Zealand, Japan and China will release economic data in the Asian...