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Oil Is Getting Slammed

Matthew Boesler

WTI crude oil futures are dropping fast this morning.

The first big downward thrust came at 9 AM ET, at the NYMEX open, when funds were able to start selling.

Now, oil is down more than 2 percent on the session. Trading has been volatile over the past few weeks.

Click on the chart below to enlarge the image.

(h/t @EnergyRosen)

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