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WTI Crude Oil Technical Analysis - Watch what happens in the Middle East

Crude Oil has been ranging between the $83 support and the broken trendline as the situation in the Middle East remains a big risk for the market. Good news were followed by falling oil prices while bad news triggered rallies. Yesterday, we got an unfortunate news of a hospital getting bombed and causing hundreds of casualties. As Bloomberg reported, Oil prices climbed as Middle East leaders cancelled a summit between US, Jordan, Palestine and Egypt in Amman. It’s not yet clear who’s responsible... Read More

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Watch

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Middle

East

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Posted: Oct 18 2023, 09:36

Author Name: forexlive

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