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The Oil Market failed to follow through to the upside last forward and carry forward what was an impressive rebound in Q2 that saw the price rise from the February 11 low of $26.03/bbl to a high of $50.91/bbl in June.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2016/10/01/Oil-Market-Looks-to-Benefit-From-First-OPEC-Output-Cut-in-8-Years.html?DFXfeeds=forex:fundamental:article:special_report
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