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Oil Trading Alert
September 18, 2013, 8:00 AMAlthough on Tuesday the price of crude oil dropped to its lowest level since September 3, oil bulls received positive news from the American Petroleum Institute, which said that U.S. crude inventories fell by 0.3 million barrels last week, compared to expectations for a decline of 1.5 million barrels. What impact did this have on crude oil’s chart? We invite you to check today’s Oil Trading Alert.
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Oil Trading Alert
September 17, 2013, 8:00 AMOn Monday, light crude lost over 2% and dropped to its lowest level since September 3. Additionally, crude oil declined below the 50-day moving average, which is not a good sign for oil bulls. What could happen if the next support line is broken? Where will the sellers’ target be? Is there anything on the horizon that could drive gold prices higher or lower in the near future? We invite you to check today’s Oil Trading Alert.
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