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Crude Oil And Market Structure Still Point Higher

Crude Oil And Market Structure Still Point Higher

September 28, 2017

The price of crude oil continues to grind higher and could be setting its sights on the 2017 high at $55.24 per barrel on the active month NYMEX crude oil futures contract. In my latest work for Seeking Alpha, I explain why market structure favors a move to the highs and why the energy commodity may look as good at $55 per barrel as it looked bad at $42.05 in June.

Article: Crude Oil And Market Structure Still Point Higher

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