OilReporting

Oil Continues to Rises in Afternoon Asia Session Trade

NYMEX:CL1!   Light Crude Oil Futures
-Oil prices have continued their push higher into the end of the week with prices up just over half a percent within Asia.
-Prices broke out and retouched the pennant as seen on the chart below before pushing higher to the mid $37 level heading into the London session shortly.
-To finish the day will see the weekly Baker Hughes Rig Count at 18:00.

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