Crude oil trades to a new cycle high

Technical Analysis

Author: Greg Michalowski | crude-oil

OPEC+ news sends crude

The price of crude oil has pushed to a new cycle high above the $76.20 high from Thursday's trade.  The price reached $76.31.  That takes the price to the highest level since October 3, 2018 when the high reached $76.88. A move above that level would be the best since November 21, 2014.

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