Global Market Analysis: Brent oil with drop potential

Market Update - 25/11/2014
Market Update – 25/11/2014

The Brent is following a strong downward trend since June and now, back to touch the top trendline, creating new opportunity for short entry. OPEC is not expected to cut oil production in the critical meeting on Thursday, which may allow continuing the potential for new lows.(Source: X-Trade Brokers)

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