Oil dips lower as selling pressure is visible on the chart with more downside in crude prices possible after the price action underwent a firm rejection at the 100-day Simple Moving Average (SMA) at $78.50. The chunky drawdown of 5.2 million barrels
Oil dips lower as selling pressure is visible on the chart with more downside in crude prices possible after the price action underwent a firm rejection at the 100-day Simple Moving Average (SMA) at $78.50. The chunky drawdown of 5.2 million barrels
This is via Roger Wilkins, an economist at The University of Melbourne.A...
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