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Don't Believe The Crude Oil Bottom Hype

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Crude Oil price have been largely positive over the past week as WTI prices have edged up to $34.73 a barrel sparking speculation that the commodity had finally discovered a bottom. However, the oil fundamentals remain the same and the commodity must reduce in price before supply can be rebalanced.[​IMG]

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