WTI oil price fell over 3% on Thursday morning, as positive sentiment was soured by the latest encouraging news about US-Iran nuclear talks which may result in easing of sanctions on Iranian oil export and unexpected strong build in US crude stocks that added to growing concerns about oversupply. Thursday’s strong acceleration extends pullback from […]
The post WTI: Oil Prices Drop on Oversupply Concerns as US and Iran Close to Reach a Deal appeared first on Action Forex.