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OilPrice.com 12/10/2018 18:00
Related: The Real Implications Of The New Permian Estimates Several severe sell-offs in November flipped the crude oil futures curve into the opposite of backwardation, contango—a market structure in which front-month prices are lower than prices out in the future months—pointing to a crude oil oversupply and making storing oil for ...
ForexLive 12/10/2018 14:56
Down -$1.61 or -3.06%. The high price today reached $52.81. The low fell to $50.74. Technically, the price fell back below the 100 and 200 hour MA at $52.33 and $52.11 respectively. The price low from last Thursday reached $50.08. The low from the prior week made it to $49.41. Those levels are targets on more weakness.
ForexLive 12/06/2018 14:41
Down -$1.40 or -2.65%. The price of crude oil futures are settling at $51.49. That is down -$1.40 or -2.65% on the day. OPEC today, failed to reveal an agreement at their meeting in Vienna. They cancelled its news conference, and instead awaits the Russian delegation set to arrive on Friday. It has just been reported that.

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