Oil up as bulls push back against another big crude buildOil is back at $80+ now that everything has been digested overseas actually started to push Oil back up from $78 through the night so now Oil needs to find a trading range and we could be getting close until the data says different. There was a price suggested where Oil would trade at with China's opening $79 average. Next week Oil Stock will be watched closely and if it's in the surplus again that would speak volumes that economies are slowing. Next week will be interesting with Oil, China's optimism vs Recession fears it'll be interesting what developments happen.
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Oil up as bulls push back against another big U.S. crude build By Investing.com