Thursday, November 2, 2017

Oil Prices Break-Out of Trading Range


INO.com Traders Blog http://ift.tt/2z7X0LB

Oil futures prices have broken above the trading range where they have been since February when the market was expecting supply and demand would balance quickly as a result of the OPEC/non-OPEC deals. But those hopes were dashed because the global demand was in a seasonal decline, and inventories remained stubbornly high. Prices managed to […]

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