Brent: the price may decline to 41.70 Technical analysis for 11.08.2016

Forex analytics: Review and dynamics Reports and news from the oil market have caused the decline in oil prices for the third consecutive day. After yesterday’s data by the US Department of energy, showing the increase of oil reserves in the country, the price of crude oil Brent dropped by 1.4 USD by the end of the day.With the opening of today's trading session the price of Brent continues to decline; at ...