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USOIL News

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Last Updated Date: 7 June 2021 @ 7:53 AM (UTC)
*Please note that all the dates are in GMT time zone

Oil was down Monday morning in Asia, as investors await talks between Iran and world powers later in the week that could lead to increased Iranian supplies.

The Oil market suggests a turnover, signaling for bear trending selloffs to reach under the 67.90 swing low. A close under Friday’s 68.33 low will help motivate selloffs. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals. 
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