The oil market ended up the day on a negative note

[gnutrade.satya]

The oil market ended up the day on a negative note as dismal economic data and bulging US oil inventories kept investors worried about the economy and the outlook for oil demand.
Jim Ritterbusch, president at Ritterbusch & Associates said: "(T)here were no surprises in today's trade as bullish speculative positions continue to be unwound amid a big contraction in economic optimism."
A barrel of crude oil for September delivery settled down 97 cents at $73.46 a barrel .

[Nicholas_B]

if oil is down that is not a bad thing, as long as the prices are not going any higher it doesnt look too bad

[samcrime786]

hi,

I think, oil is most important think in our life and oil market ended up the day is bad think of us because oil's rate is going high. it's bad. thanks for sharing.





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