
Brent oil remains firmly in red and extends weakness on Thursday after falling 10% on Wednesday and ending day with 5.5% loss. Growing hopes for a US-Iran peace deal provided relief, keeping oil prices under increased pressure for the third straight day. Bears probe again through important supports at $100.67 and $100.00 (50% retracement of […]
The post Oil: Brent Oil Continues to Trend Lower on Growing Optimism over Peace Talks appeared first on ActionForex.