Oil fell sharply on Tuesday, losing almost 4% until early US session, as risk sentiment soured on fresh concerns about the US debt ceiling deal, while supply outlook is unclear due to mixed messages from world major oil producers, just days ahead of OPEC+ meeting. Fresh acceleration lower dented pivotal Fibo support at $70.47 (38.2% […]
The post WTI Oil: Oil Price Tumbles on Fading Risk Sentiment appeared first on Action Forex.
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