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Back Fundamental analysis
Oil No Longer Looks Temporarily High
Oil rose again on signs the
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Oil rose again on signs the U.S. may resume military strikes on Iran. The December Brent futures contract, which expires today, climbed above $116 a barrel, while the more active January contract traded near $112. WTI for December delivery gained about 1% to $103.01.A Wall Street Journal report triggered the move. According to the paper, a senior military commander briefed Donald Trump on Thursday on strike options. The president has repeatedly signaled he could resume air strikes on Tehran after
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
EUR
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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