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Same old stories keep weakening oil price

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Same old, same old, as stories weakening the oil price erode confidence ahead of the potential freeze. Yesterday it was the turn of ship brokers who reported that the Saudis were doing their utmost to slow down Iranian exports by not allowing them in their waters, Bahrain joined the club and if Aramco is a client, so did you. Analysts expect another week of stock builds come the API and EIA, around 3.3m barrels is the guess but unlikely to be good news. Gasoline is up at $2.08 a gallon and

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