Have a look at its chart. Oil has made a lower low. It is also below the 200 day moving average. In energy markets we often get big moves when the 200 day moving average is broken. Shortage of oil? Where? have you ever had any difficulty buying petrol? Sorry, we've run out today. No more petrol till next week. Shortage of oil? Where?
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- oil is a chart sell ^*^*^*^
oil is a chart sell ^*^*^*^
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