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WTI Crude Oil Outlook Remains Constructive, $70 is the Line in the Sand of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-07-17 04:00:00 Diego Colman, Market Analyst OIL WEEKLY FORECAST: SLIGHTLY BULLISH Oil prices have retraced from its yearly high as OPEC+ infighting over production quotas and concerns about new COVID-19 outbreaks have weighed on sentiment Despite the recent pull-back, the outlook remains constructive for WTI crude prices In the week ahead, if the $70 support area holds, there is reason to believe bulls could set the stage for the next leg-higher ....
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