WTI Oil Outlook: WTI Oil Probes Again Below Critical $20 Support On Gloomy Outlook Due To Strong Fall In Demand

<p>WTI oil price extends steep descend into fourth day and probes again below critical $20 support zone on Wednesday. Fresh weakness cracked previous low at $19.24 (30 Mar) and hit new lowest in over 18 years ($19.17 so far). As mentioned in my previous reports, near-term risk was clearly at the downside after recovery on […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/287404-wti-oil-outlook-wti-oil-probes-again-below-critical-20-support-on-gloomy-outlook-due-to-strong-fall-in-demand/">WTI Oil Outlook: WTI Oil Probes Again Below Critical $20 Support On Gloomy Outlook Due To Strong Fall In Demand</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>