Financial news site Forexlive: Oil prices fall in the face of bullish news
Jin10 Data, September 7 — Reports today indicated that the Iran nuclear talks have been suspended, which briefly pushed up crude oil prices. On Monday, OPEC’s decision to cut production also led to a similar short-lived rebound. Currently, oil prices are declining; after halting their slide upon breaking below the August low of $85/barrel, they are now struggling to find solid support above the $80/barrel level. Oil prices have failed to rebound on positive news and have now broken through technical support levels. The market is clearly concerned about a sharp slowdown in the European economy and the impact on emerging markets. #成长值抽奖赢iPhone17和周边
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
HaonanChen
· 12-08 01:42
The right path in life is full of ups and downs; you have to experience all the joys and sorrows. It's not always long or short, and sometimes it might just move sideways.
Financial news site Forexlive: Oil prices fall in the face of bullish news
Jin10 Data, September 7 — Reports today indicated that the Iran nuclear talks have been suspended, which briefly pushed up crude oil prices. On Monday, OPEC’s decision to cut production also led to a similar short-lived rebound. Currently, oil prices are declining; after halting their slide upon breaking below the August low of $85/barrel, they are now struggling to find solid support above the $80/barrel level. Oil prices have failed to rebound on positive news and have now broken through technical support levels. The market is clearly concerned about a sharp slowdown in the European economy and the impact on emerging markets. #成长值抽奖赢iPhone17和周边