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More Bad News For Oil Bulls?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Oil prices are continuing to plunge, despite consistent draws being reported in the US Crude Oil Inventories results. What’s more, the commodity’s technicals are indicating that it may have some further downside potential in store for the coming weeks. Notably, the development of the highly bearish trend line and the[​IMG]

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