Will OIL DROP Further?

By:
Michael Stark
Published: Jan 10, 2024, 13:41 GMT+00:00

Are you keeping an eye on the US oil price forecast?

Crude oil rigs, FX Empire

In this article:

Factors Hinting at Potential Decline in American Light Oil Prices

Find out why experts think American light oil prices might fall in the coming days. We cover the big stories affecting crude oil news today, including Saudi Arabia’s price cuts to China, the US’s bump in oil production, and the latest shifts in trader positions. Plus, don’t miss our take on how this week’s US inflation data could shake up US oil trading. Stay ahead of the curve with our insightful analysis.

Oil Trading News by Michael Stark & Antreas Themistokleous

Watch our latest short video where we dig into the latest oil trading news.

About the Author

Michael Starkcontributor

Michael is a financial content manager at Exness. He's been investing for around the last 15 years and trading CFDs for about the last nine. He favors consideration of both fundamental analysis and TA where possible.

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