WTI oil price falls to new multi-month low on Monday ($77.19, the lowest since Jan 5), in extension of last Friday’s 5.1% drop and a weekly loss of 6.5%, on track for the fourth consecutive strong monthly fall. Near-term action is consolidating above new low, but so far remains capped by broken psychological $80 support, […]
The post WTI Oil: Bears are Pausing Above New Multi-Month Low appeared first on Action Forex.
Veteran strategist Tom Lee believes the stock market can still rally sharply, despite the risk of a major drawdown in the back half of the year. The Fundstrat co-founder believes the recent market choppiness has Read more…
The International Energy Agency (IEA) made itself a prime time slot just after the market opening this morning, declaring that its members would release 400 million barrels amid the ongoing conflict in Iran. The proposed Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Ready to tackle the spring cleaning Read more…