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Three Reasons For A Correction In Crude Oil And A Cautionary Warning For Shorts

Three Reasons For A Correction In Crude Oil And A Cautionary Warning For Shorts

January 26, 2018

Crude oil traded to yet another new high on Thursday, January 25 at over $66 per barrel on the nearby NYMEX March futures contract. In my latest work for Seeking Alpha, I explain why the higher oil climbs the more the risk of a correction becomes and the three reasons why the energy commodity could be ripe for a corrective move to test the $60 per barrel level.

Article: Three Reasons For A Correction In Crude Oil And A Cautionary Warning For Shorts

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