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The crude oil markets initially dipped during the course of the week but as OPEC has finally come to a consensus, markets look as if they are stabilizing. Crude Oil Weekly Price Forecast – Crude ...
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The next week, with supply problems in Libya and Nigeria, oil rose for the third week in a row even though a stronger dollar caused a decline on July 14. Brent finished at $79.87 and WTI at $75.42. [25] WTI increased 2 percent for the week the next week for its fourth gain, ending at $77.07, the highest since April 25, while Brent finished at ...
The crude oil markets initially dipped on Thursday but have turned around now that we have seen US dollar weakness. That being said, this can only last so long. Crude Oil Price Forecast – Crude ...
Crude oil markets recovered during the day on Wednesday, bouncing back towards the 200 day EMA yet again. As the markets recover, it looks as if more of the same is ahead. Crude Oil Price Forecast ...
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Crude oil markets have been very quiet again during the trading session on Thursday as we continue to test the 50 day EMA and the uptrend line.