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Marathon Oil is cheap by any reasonable metric. But there's no obvious catalyst to send MRO stock higher except higher energy prices, which remain elusive. More From InvestorPlace Forget The ...
Crude Oil Out Of The Woods, But Headwinds To Further Rise ...
Trader reaction to $40.63 on the downside and $41.50 on the upside should set the tone of the market over the near-term.
I discuss the recent price action in crude oil and how economic conditions and the pennant flag pattern is indicating a big price move is about to take place.
The West Texas Intermediate Crude Oil market fell rather hard during the trading session on Thursday, slicing through the 50 day EMA like it was not even there.