Crude Oil Price Forecast: MACD Death Cross Signals a Deeper Pullback

December 08, 2020 at 06:00AM

Crude oil prices declined for a second day amid fears of a post-Thanksgiving viral resurgence which may dampen the demand outlook. Traders expect a 1-million-barrel draw from US crude inventories.

From: Margaret Yang, CFA
Selected by fonecable.com

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Crude Oil Price Forecast: MACD Death Cross Signals a Deeper Pullback

December 08, 2020 at 06:00AM

Crude oil prices declined for a second day amid fears of a post-Thanksgiving viral resurgence which may dampen the demand outlook. Traders expect a 1-million-barrel draw from US crude inventories.

Search Web: Crude Oil Price Forecast: MACD Death Cross Signals a Deeper Pullback

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December 08, 2020 at 06:00AM

Crude oil prices declined for a second day amid fears of a post-Thanksgiving viral resurgence which may dampen the demand outlook. Traders expect a 1-million-barrel draw from US crude inventories.

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