Crude oil moving down toward the July low at $90.50

Aug 4, 2022
Crude oil moving down toward the July low at $90.50

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Crude oil transfer down to check the July low

Crude oil has seen a dip all the way down to a low of $90.84. That is inside $0.34 of the swing low from July at $90.50. The present costs buying and selling at $91.21. The excessive worth right now prolonged as much as $96.55.

A transfer under $90.50 to take the worth to the bottom degree since February 25. The 61.8% retracement of the transfer up from the December low is available in at $88.04.

On the highs for the 12 months, the worth was up 74% from the top of 12 months ranges. The present costs up round 23% which looks as if an enormous end result.

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