This drop in oil prices is just the beginning – OilPrice.com

This drop in oil prices is just the beginning – OilPrice.com

By Editorial Dept – Sep 04, 2020, 11:00 CDT

Okay, I can finally say it! It’s been a big, interesting week for crude oil!

After months of mostly range trading, with the main WTI futures contract, CL, remaining in a narrow, slightly ascending channel, we have finally seen some directional action over the past three days.

Cl, after a failed attempt on Wednesday, broke through the…

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