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Oil falls to the lowest since August 22

September 06, 2018 at 05:19PM

WTI crude down 2%
Oil is down for the fourth day and has fallen $1.42 to $67.29 today.
The decline has accelerated after weekly US oil inventory data. Inventories are tight and the crude data was tighter than expected but a surprise build in gasoline and distillates set of some modest initial selling that has spiraled. The poor Continue Reading:…

Author: https://www.forexlive.com/technical-analysis/!/oil-falls-to-the-lowest-since-august-22-20180906 Selected by SYFX+

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