Brent Crude Oil Price Drops to Yearly Low

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When analysing the oil market on the XBR/USD chart on 4th September, with Brent crude trading near its yearly low, we:→ noted the formation of a descending channel (marked in red);→ highlighted key support (marked in yellow), which has now been broken;→ suggested the likelihood of an interim upward correction, potentially rising to $74.50. Since [&

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