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Crude oil futures back below $90, but buyers remain in control

Crude oil prices have risen by $1.33, marking a 1.5% increase, and are currently trading at $89.85. Today's peak reached $90.26, the first time it surpassed $90 since November 8, before retracting slightly. A few key observations from the daily chart:On September 1, the price surpassed a crucial range between $82.43 and $83.44 (highlighted by red numbered circles and a yellow area in the referenced chart).Since then, the price has been on an upward trajectory.Last week, the price fluctuated arou... Read More

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Content Topics

Crude

Futures

Back

Below

90 Buyers

Remain

Control

Forex

Posted: Sep 14 2023, 16:02

Author Name: forexlive

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