Crude Oil edges down slightly on Monday after more weak Chinese economic data released over the weekend weighs on prices. Price action this week will largely depend on the US Federal Reserve (Fed), which is set to cut interest rates with markets
Crude Oil falls slightly with all eyes on the Fed meeting on Wednesday. More bearish news for Oil emerged over the weekend, with China’s economic data deteriorating even further. The US Dollar Index is under pressure, trading at the lower boundary of September’s bandwidth. Crude Oil edges down slightly on Monday after more weak Chinese economic data released over the weekend weighs on prices.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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