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Oil Q3 2022 Forecast

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by , 07-04-2022 at 10:31 AM (216 Views)
      
   
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The price of oil has fallen roughly 20% from the 2022 high ($130.50). Crude may face a further decline over the coming months as rising output is met with easing demand. Weekly price is on bullish ranging within 115 resistance level for the bullish trend to be continuing and 104 support level for the secondary correction to be started.

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