Crude Oil Prices Look to Inventory Data for a Lifeline
April 25, 2017 at 06:50 AM EDT
A seventh consecutive daily drop has given crude oil prices their worst losing streak in over a year. From here, a daily close below the 48.56-85 area (trend line, 61.8% Fibonacci expansion) paves the way for a test of the 47.08-69 zone.