Still holding above July 23 high, but starting downtrend on
week over week basis. Will it break support of $188 next week?
Seasonal trend also indicates this possibility.
week over week basis. Will it break support of $188 next week?
Seasonal trend also indicates this possibility.
Oil price dropped on Friday, hence drop in OIH of 2%.
A survey of analysts on Bloomberg TV shows 79%
are forecasting lower oil next week.
A survey of analysts on Bloomberg TV shows 79%
are forecasting lower oil next week.
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