Crude Oil pops over 1.50% for a second day in a row after booking over 1.50% gains on Wednesday, which was the biggest daily gain for Crude Oil in two weeks.
Crude Oil pops above a crucial pivotal level as it recovers for a second day in a row. Tropical storm Francine hits Louisiana, with several on- and offshore installations in the region evacuated. The US Dollar Index trades above 101.50 and tests its upper boundary of its bandwidth for a break higher.
to thank for it. Still, the chances for more downside look higher than the potential for rebound. Should influence the price of WTI Oil?
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