WTI Oil Futures Extend Slide Below 80

<p>WTI oil futures (October delivery) have been steadily losing ground after peaking at the nine-month high of 84.15 on August 10. Moreover, bearish pressures have not shown any sign of easing despite the completion of a golden cross between the 50- and 200-day simple moving averages (SMAs). The momentum indicators currently suggest that bearish forces are holding the […]</p>
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