WTI oil suffered an intraday drop of more than 4.5% to $81.70 yesterday but managed to regain all losses by the end of the day, trading now at $85.40. The $85 area has repeatedly acted as the Rubicon since 2007. In 2008, the failure was provided by the near collapse of the financial system. Oil […]
The post It Takes a Shock for Oil to Breakaway from $85 appeared first on Action Forex.
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Goldman Sachs just made it official: The pain at the pump is not going away anytime soon. The bank now expects Brent crude to average above $100 a barrel in March and $85 in April, Read more…
During my many years of reporting and writing about real estate trends and other finance topics, including mortgage rates and the housing market in general, I’ve recognized the importance of paying close attention to numbers Read more…