Commodity Daily News

26 December 2008 @ 02:15 pm EDT

The main question traders should ask themselves in the next few days is if Crude Oil has reached its bottom, or is it still possible that oil prices will continue to depreciate? The answer is that currently oil prices seem to be stuck on a bearish voyage that does not look to be coming to a stop anytime soon. ForexYard's prediction is that oil prices might reach $30/barrel.

For more forex information, go to www.forexyard.com

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