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US Oil: Is it about to blow up?

From exness.com

Crude oil prices fell below $80 in week 43, and commuters all over the world saw hope of relief at the pumps. But that short-term bearish run came to a quick end, and it now seems it’s a little too early for optimism. US Oil is already crawling toward the $90 mark, and there are three very influential things happening right now. Politics behind the chart patterns are about to make oil trading a tricky but exciting asset worth watching in the coming weeks. But before you hit the buy or sell button on US Oil, consider who is pulling the strings and why. Currently, the U.S. presidency is democratic, and the U.S. Senate ... (full story)

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  • Category: Fundamental Analysis