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Crude Drops As Rally Runs Out Of Fuel

Discussion in 'Technical Analysis' started by Kaitlin, Mar 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Oil prices have retreated sharply at the start of this week, with Brent dipping back towards $38 and WTI to $36 a barrel, thus giving back a good chunk of their recent gains. Recently, sentiment on the oil market had turned positive on realisation that the significantly lower oil prices[​IMG]

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