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Crude Oil: Bulls press further as price aims fresh highs

CFDs on WTI Crude Oil (TVC:USOIL)  
ScopeMarkets  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
Oil prices remained elevated at the back of Saudi Arabia and Russia’s pledge to extend production cuts by 1.3 million bpd till the end of the year. Already up about +1.05%, the USOIL has exited a wedge pattern after consolidating for 5 days. The bulls currently have a clear path to push the price toward $90 as supply/demand factor weighs in
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