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Crude Oil’s Correction Is Healthy For The Future

Crude Oil’s Correction Is Healthy For The Future

February 16, 2018

Nearby NYMEX crude oil futures corrected from a high of $66.66 on January 25 to a low of $58.07 on February 9 as it followed the dollar. In my latest work for Seeking Alpha, I point out one sign that told us a correction was coming and suggest that we may have seen the bottom given action in the dollar and other issues that influence the price of the energy commodity.

Article: Crude Oil’s Correction Is Healthy For The Future

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