WTI oil is consolidating after 4.2% advance on Monday (the biggest one-day gains since July 18), but keeping positive near-term stance, following a bullish signal on Monday’s close above 200DMA ($95.87) which capped the action for some time. Profit-taking from a three-month fall from $123.65 to $85.35) lifted oil prices, along with improved sentiment, though […]
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