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Brent crude oil price has stabilized a bit in the past two weeks as concerns about demand and supply remain. What next for ...
The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...
The daily chart for WTI crude oil shows that the price is rebounding from the long-term support at $66. However, the 50-day SMA remains downward trending, indicating a bearish trend. Strong ...
Crude oil stocks, not including the SPR, stood at 443.1 million barrels on April 18, according to the U.S. Energy Information ...
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