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Crude Oil Crashes Below $40 And Beyond

Courtesy of Benzinga.

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January Crude Oil futures are trading lower by $$2.10 at $37.87 in Monday’s session. Early in the session, the contract breached $40 and has been on a decline. Once it breached Friday’s low ($39.60), the pace of selling accelerated. It has reached $37.80 and has not been able rebound back over $38.

Posted-In: Premarket outlookTechnicals Intraday Update Movers Trading Ideas


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