(P) Oil Update: Could We See $30 Oil Again?

USOil: Reversal? Or Just A Retrace? Oil has been diving ever since it hit a high of $51 back in February. It has recently dropped all the way back down to $40. A level that many thought would already be left behind and not to see again anytime soon. But here we are. Back at $40. This past week saw Oil start…

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