Crude Oil
The average price of U.S. Benchmark West Texas intermediate (WTI) remained essentially flat in costs. Nevertheless there were significant intra month price movements , as the market balance bearish ( high crude inventories) and bullish (geopolitical threats to oil crude and refined gasoline supplies0 , Concerns about low inventories of gasoline as well as insurgency related supply risks in the Nigeria West Africa areas , as well as potential additional problems in the Middle East continue to prevail and modify.
A break out in the range on the upside, will affect foreign currency and foreign currencies as well as forex foreign currency trading trends.
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