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End of day crude oil price forecast update - 28-05-2024
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End of day crude oil price forecast update - 28-05-2024
May 28, 2024 11:48 AM

Crude oil price achieved initial breach to 79.60$ level and attempts to hold above it, reinforcing the expectations of continuing the bullish trend in the upcoming period, paving the way to target 81.50$ as a next main station, taking into consideration that failing to consolidate above 79.60$ will push the price to turn to decline and head towards 77.64$ initially.

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