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Sep 16, 2019 12:42 PM

Drone effect on Oil Short

Brent Crude OilOANDA

Description

Oil prices jumped almost 20 percent at the week’s open after the weekend drone attacks on Saudi production facilities that halved the country’s output. Brent oil reached 68.00 dollar area. We might see a small correction movement before the 68.50 resistance break. 65.30 - 65.00 zone will try to hold downside price movement.
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