02-12-2015 09:24 via liteforex.com

Brent: price continues declining

Forex analytics: Current trendOn Tuesday, the price of Brent crude oil continued declining. Concerns about oversupply of the oil market still have a strong negative effect on the price of oil.Market participants are waiting for the results of the upcoming OPEC meeting, due on Friday. OPEC is expected to keep its output target unchanged. Moreover, some analysts suggest that the price of oil might fall to $35 ...
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