oil Price Talking Points

That oil price appears to be trading in a tight range as it bounces off the 50-day SMA ($87.54), but Crude Oil may attempt to retrace the decline from the monthly high ($93.64) as a bull flag formation appears to be in the offing.

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Oil Price Technical Forecast: bullish

Oil prices break recent series of lower highs and lower lows, despite heading for new…



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