WTI Oil Price Falls Sharply, On Track for Biggest Daily Loss Since Mid-November

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil96.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil96.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-oil96-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>WTI oil price fell nearly 5% on Monday, deflated by decision of top oil exporter, Saudi Arabia, to cut February selling price to Asia to the lowest in over two years and rise in OPEC output. The measures partially counter persisting supply fears over rising geopolitical tensions in the Middle East and may limit the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534419-wti-oil-price-falls-sharply-on-track-for-biggest-daily-loss-since-mid-november/">WTI Oil Price Falls Sharply, On Track for Biggest Daily Loss Since Mid-November</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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