Crude Oil in Corrective Recovery

- July 4th, 2011

The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.

The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.

The market news is quoted as saying,

We expect crude oil to continue its corrective recovery in the immediate future, but the commodity’s short-term weakness that was triggered from the 114.82 level in May remains dominant.

For the complete market news, click here.

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