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Crude oil prices on Monday started with a gain following the news of Iranian President Ebrahim Raisi’s death in a helicopter crash and Saudi Arabia’s Crown Prince Mohammed bin Salman’s visit to Japan being delayed due to the king’s illness. In early Monday trading, the price of Brent crude rose to $84.2 per barrel (bbl), while crude oil also increased to ...
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Natural gas continues to trend higher on its short-term time frame, triggering fresh highs and an updated set of Fibonacci retracement levels. Price is in the middle of testing the 38.2% Fib at the moment. If support at $2.554 holds, natural gas could resume the climb to the swing high at $2.722 or higher. A larger pullback could reach the 50% level at ...