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Chart Forum: Brent Crude Breaks Down

CMC Markets

WTI crude has been under distribution for some time and hit its lowest level since June this morning. Brent crude had held up relatively well during the initial stages of the US oil selloff but now the cold appears to be catching with Brent breaking down today. Client sentiment has changed for Brent crude today with bullish positions by value having fallen from 87% to 73% so far today. Chart updates are available for both Brent and WTI crude. You can access them through the links below or through the Market Pulse drop down menu.

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