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Posted on June 6, 2022 7:21 am by engrbytrade

Crude Oil: Price Increase

Crude oil is still on track to reach 222.95, as noted on May 1, 2022. Calculations indicate the rate of ascent has slowed over the last month, but a Saudi price increase and limited OPEC+ spare capacity will result in an upcoming parabolic move that is expected to peak by October 2022.

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