WTI Oil Technical: Recent Plunge Seems to Have Found a Floor ahead of OPEC+

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<p>The 7-week decline of -23% in WTI crude oil has started to stabilize in the last two days. The recent rebound of +8% from last Friday, 17 November low has been driven by anticipation of an extension of oil supply cuts into 2024 by OPEC+. Watch the US$75.60 key short-term support in WTI crude oil. […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/528530-wti-oil-technical-recent-plunge-seems-to-have-found-a-floor-ahead-of-opec/">WTI Oil Technical: Recent Plunge Seems to Have Found a Floor ahead of OPEC+</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>