Many factors drive oil prices to "fall and fall" International oil prices fell by as much as 3%
2024-04-17 16:50:35
April 18 news, as crude oil inventories climbed and risk sentiment weighed on commodities, oil prices accelerated to fall. The United States and the United States fell more than 3%. Fawad Razaqzada, market analyst at City Index and Forex.com, said weaker data from some Asian countries and the increase in US crude oil inventories pushed crude oil below the key short-term support level of $84.00-84.50. However, as the situation in the Middle East is the top concern for investors, the downside space may be limited from now on. The next key support to watch is around $82.
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