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Crude's Hesitation Around $50 Could End Soon

Discussion in 'Technical Analysis' started by Kaitlin, Jun 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Oil prices were trading noticeably higher this morning. A barrel of oil cost $50.80 in London while the US contract was trading at $49.85. Brent was thus just shy of this year's high of about $50.85 hit last week, while WTI was not too far off its own 2016 high[​IMG]

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