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Crude Plunges As Talk Of OPEC Output Cut Rejected

Discussion in 'Technical Analysis' started by Kaitlin, Dec 3, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Within the space of a couple of minutes today and less than 15 minutes before the release of US official oil stocks data, both oil contracts jumped by about $1 before giving back their entire gains and more as the session wore on. Bullish oil speculators must have felt like[​IMG]

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