Browse Stacks: Business: Energy: Oil-WTIC-XLE-062217.png (990×591)

Oil-WTIC-XLE-062217.png (990×591)

Since then energy stocks have continued to deteriorate and oil prices have now broken important support. The next major level of support for oil prices on a weekly basis is $42.50/bbl. A failure there leaves little support until $35/bbl.

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