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USOIL News

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Last Updated Date: 3 September 2021 @ 7:46 AM (UTC)
*Please note that all the dates are in GMT time zone

Oil prices were mixed on Friday after a strong rise in the previous session on a weaker dollar and a fall in US Crude Oil stocks and were set for modest weekly gains ahead of a highly anticipated U.S. monthly jobs report.

The market is suggesting a short term turnover and could drag trade down along 67.84-. Use a close under 69.24 to promote selloffs. The past few inside days leave trade setup for selloffs. A close over 71.30 is needed to rekindle bull trending action.
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