Despite Recent Bullishness, Oil Readies Itself For A Slide

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Oil prices have been recovering rather strongly ever since bouncing off support around the beginning of August. The rally comes as somewhat of a surprising manoeuvre given the fact that US Oil Inventories have posted two builds in the same period. However, these results may finally be about to catch[​IMG]

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