USOIL News

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Last Updated Date: 3 June 2021 @ 9:38 AM (UTC)
*Please note that all the dates are in GMT time zone

The market has triggered a short term bear downturn as a minor correction, signaling for a drop to 68.01 and chance for selloffs to test against 66.20. A reluctance to extend under 68.01 will likely prompt near term rebounds, but trade will likely struggle to climb back over 69.00. A close over 69.40 is needed to reverse the short term trend back up.
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