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Oil Daily Review July 29, 2019

Oil Daily Review for July 29, 2019

Crude Oil Price Chart Outlook Anchored to Technical Confluence

Crude oil price selling pressure has waned over the last week with the commodity aiming to consolidate at technical support before attempting to rebound higher and retest chart resistance.

 

United States Baker Hughes US Oil Rig Count fell from previous 779 to 776

United States Baker Hughes US Oil Rig Count fell from previous 779 to 776

 

Oil technical analysis: WTI is under pressure at 4-day lows as bears challenge $56.00 a barrel

 

Oil futures end slightly higher as U.S. rig count declines

Oil futures ended slightly higher Friday, with the U.S. benchmark logging a modest weekly gain. The September contract for West Texas Intermediate crude, the…

 

WTI Crude Oil and Natural Gas Forecast July 29, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

Cheer Up


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