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WTI Crude Wobbles Above $47

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    WTI Crude was vulnerable to losses on Monday with prices challenging $47 as Iraq's ongoing quest to reclaiming market share dampened expectations over the possibility of September's informal OPEC meeting concluding with a freeze deal. Oil's weakness was complimented with Dollar's resurgence from the renewed hopes over the Federal Reserve[​IMG]

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