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WTI Oil: Bears Remain Firmly in Play on Demand Worries and Reinforced by Daily Bearish Engulfing

WTI Oil: Bears Remain Firmly in Play on Demand Worries and Reinforced by Daily Bearish Engulfing
WTI oil remains in red in early Tuesday’s trading and extends Monday’s strong fall (down 4.1% for the day). The oil prices came under increased pressure on news of rising Covid cases in China, which revived demand worries and add to downside risk, despite China partially eased its tough Covid rules last week. Fresh weakness […] The post WTI Oil: Bears Remain Firmly in Play on Demand Worries and Reinforced by Daily Bearish Engulfing appeared first on Action Forex... Read More
Posted: Nov 15 2022, 10:24
Author Name: actionforex
Views: 102111

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