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Showing posts with label oil price one year range. Show all posts
Showing posts with label oil price one year range. Show all posts

Wednesday, March 27, 2024

WYI Oil Price April 2024

The oil price is range bound between $70 to $90/BO. A quick look almost illustrates a classic head and shoulders chart formation. Any close below $70 would likely result in further downward price action.
No recommendation being made here.
Good Luck