WTI Oil: Hits the Lowest Levels in Nearly Six Months Ahead of FOMC Decision

<p><img width="612" height="393" src="https://www.actionforex.com/wp-content/uploads/2018/11/f-oil49-e1600277761771.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/11/f-oil49-e1600277761771.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/11/f-oil49-e1600277761771-600×385.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>WTI oil price hit new multi-month low on Wednesday morning, in extension of Tuesday’s nearly 4% drop which fully reversed recovery of past three days. Larger bears regained full control after limited correction and signal continuation of broader downtrend from 2023 peak ($95.00, posted on Sep 28). Higher than expected US inflation numbers for November […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531549-wti-oil-hits-the-lowest-levels-in-nearly-six-months-ahead-of-fomc-decision/">WTI Oil: Hits the Lowest Levels in Nearly Six Months Ahead of FOMC Decision</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *