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Crude's Long-Term Outlook Remains Bullish

Discussion in 'Technical Analysis' started by Kaitlin, Aug 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Overnight saw crude oil extend its decline as concerns about oversupply were reinforced although prices have since rebounded ahead of the publication of the official weekly US crude inventories report later this afternoon. In its monthly report, the US Energy Information Admiration (EIA) revised upwards its estimate for US oil[​IMG]

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