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Oil Price - This indicator says oil prices will bottom soon: analysts
10-05-2024 02:18
Oil prices are set to bottom in the coming months, The McClellan Market Report, citing recent gold price trends. According to the report, gold prices adjusted forward by 19.8 months can be compared to crude oil prices, a shift that aims to highlight how gold’s price movements tend to echo in oil prices after that specific interval.
Oil Prices Are on Course for the First Weekly Gain in Weeks
Oil prices are on course to book their first weekly gain in several weeks as China’s exports and imports rose while ceasefire talks between Israel and Hamas fell apart.