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Crude oil surges, settling at $71.58, marking a 3.04% increase

Crude oil surges, settling at $71.58, marking a 3.04% increase

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The worth of WTI crude oil futures are settling at $71.58. That’s up $2.11 or 3.04%.

The excessive worth for the week reached $72.46. The low worth was at $69.54. At the best degree as we speak, the value did prolong briefly above the November low at $72.37, however momentum couldn’t be sustained.

Going ahead you’ll take a transfer above that degree – and staying above that degree – to increase the bullish bias.

Crude oil corrects to the November low
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