Crude Oil Ricochet As Hurricane Laura Impact the Production
Crude oil ricochets as the inventories fell by 4.689 million barrels which is the fifth consecutive period of decreased and traders braced for disruptions from Hurricane Laura. Therefore, as the markets reduced supply, it may trigger the crude oil to soar to the resistance level of $43.95/$44.25. However, if the environmental disaster over might pressure the crude oil price.
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