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Check out this swing in WTI!


Interesting oil tidbits for March.

March 30th, 2017

Oil tries to hold above $50!

Oil testing support on $50.

Trump has plans for America but even Exxon thinks the US should be 'climate minded'...

March 12th, 2017

Technical traders are absolutely demolishing $50+ club...

Oil sitting sub $50 - its either $55+ or testing $40.

Market forces outlined by below.

March 9th, 2017

U.S. production surging...

Price per barrel tumbles...

Serious Volatility

US oil production has forced another supply glut as the black gold gets completely denied at $55 while the world attempts a grand market rebalancing. A surge in demand is the only hope for oil above $50/barrel.

Oil price getting denied at $55/barrel.
"$55 is looking like a serious barrier. The infamy of the $50 inflection point remains. Will oil retest $40?"
- Alex

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