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Crude oil markets have fallen during most of the week, only to turn around and find plenty of support.
Crude oil markets have rallied slightly during the trading session on Wednesday, as we continue to see a lot of noise when it comes to financial markets.
The crude oil markets rallied significantly during the trading session on Thursday, reaching towards the recent highs, but at this point I think we are trying to break out and reach towards the ...
Crude oil markets have gone relatively still on Thursday as we await further inventory figures, but at this point we are a bit overextended. Crude Oil Price Forecast – Crude Oil Markets Take a Break
Crude oil markets have gotten slammed during the trading week to reach the bottom of the triangle, only to turn around and show signs of life as we are closing towards the top of the same triangle.
Brent crude oil futures settled up 41 cents, or 0.53%, at $77.49 per barrel. Brent settled on Monday at its lowest since Jan. 9, while WTI hit its lowest since Jan. 2.
Crude oil markets had a strong Thursday, as we continue to see a lot of buying pressure. At this point in time, crude oil looks like it is setting up for a bigger move to the upside.
Crude oil has done very little on Tuesday, as we continue to drift sideways. In general there is not much to do between now and the change of the calendar year.