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USOIL News

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Last Updated Date: 16 August 2021 @ 9:37 AM (UTC)
*Please note that all the dates are in GMT time zone

The Crude Oil market is short term negative and suggests a roll down from flagging congestion that will send selloffs to 65.02. Sustained selloffs under 65.02 encourage declines to 61.71. Any corrective congestion within Friday’s range will keep trade aligned for selloffs. A pop over 70.18 is needed to boost rebounding moves to 72.00. 

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