New support at $5.1
Bullish pattern to resume if prices hold above support.
Buyers need to come in strongly with high volumes to keep uptrend.
Storage of oil on tankers is normally 25K a day, and it’s been 100K+ a day and is expected to rise even more.
Buyers need to come in strongly with high volumes to keep uptrend.
Storage of oil on tankers is normally 25K a day, and it’s been 100K+ a day and is expected to rise even more.
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