Oil takes a pause after 5% rally on Wednesday

Author: Adam Button | Category: News

Some consolidation for oil

WTI finishes the day up 31-cents to $63.32. It's a minor move but I take it as a positive confirmation of yesterday's break above the three-week range.
Some consolidation for oil
US-Iran talks are ongoing but we're getting closer by the day to Iran elections and that will put a damper on them if there's no breakthrough soon.
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