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HOW WILL OIL TRADERS RESPOND TO THE $50 PRICE LEVEL

Discussion in 'Commodity vs Dollar' started by capitalstars05, May 27, 2016.

  1. capitalstars05

    capitalstars05 New Member

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    The oil market has seen major supply disruptions recently. An uncontrollable wildfire in northern Alberta has reduced Canada’s oil production by more than 1 million barrels per
    day for the last two weeks. Nigeria has also seen is crude production fall by 800,000 barrels per day as a result of terrorist attacks on the nation’s pipelines.

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