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Crude Oil Extends Decline on On-going Supply Worries

Discussion in 'Technical Analysis' started by Kaitlin, Feb 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The sharp rebound in oil prices from the middle of January proved to be short-lived as we and many other analysts had expected. Oil prices are now down for the fourth day and second consecutive week. A barrel of WTI crude oil costs less than 30 dollars again, while Brent[​IMG]

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