US EditionWTI Oil Prices Volatile Ahead of Potential Talks - ActionForex
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Oil price fluctuations: Tehran and Washington are talking (maybe), and WTI is on the rocks. - Economic Scenarios
The energy market continues its eternal dance of uncertainty, caught between the winds of war (or peace?) in the Middle East and the monetary rigor of the Federal Reserve. If there's one thing markets hate more than taxes, it's uncertainty. Yet, over the past 48 hours, oil has offered traders a veritable primer on schizophrenic volatility. After fooling bulls with two days of gains, West Texas Intermediate (WTI) reversed course, trading above $6…
WTI Oil Prices Volatile Ahead of Potential Talks - ActionForex
As the XTI/USD chart shows, the price of a barrel rose above $65 yesterday, reacting to the risk of talks between Iran and the United States on the nuclear deal breaking down. These negotiations could begin on Friday. According to Axios, Arab world leaders have urged Donald Trump not to follow through on his threats […] The post WTI Oil Prices Volatile Ahead of Potential Talks appeared first on ActionForex.
WTI Oil Prices Volatile Ahead of Potential Talks
As the XTI/USD chart shows, the price of a barrel rose above $65 yesterday, reacting to the risk of talks between Iran and the United States on the nuclear deal breaking down. These negotiations could begin on Friday.According to Axios, Arab world leaders have urged Donald Trump not to follow through on his threats to withdraw from the talks and shift towards military action after demands put forward by Iran. This news prompted a pullback in pri…
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