XTI/USD
Phrase about the reduction in production, taken out of context of speech of OPEC Secretary General Haitham al-Ghais, failed to bring the price out of dangerous zone of 85.00-87.50. There are no serious factors for a reversal upward. Speculators continue to lose interest in oil. So the market intends to go down to at least zone 80.
Phrase about the reduction in production, taken out of context of speech of OPEC Secretary General Haitham al-Ghais, failed to bring the price out of dangerous zone of 85.00-87.50. There are no serious factors for a reversal upward. Speculators continue to lose interest in oil. So the market intends to go down to at least zone 80.