I can say the same about shale oil prices. As I can see it, the Bears will increase their activity in the short term, and it can already be seen in the short time frame. There, the price failed to further develop the uptrend following a sharp decline and increase just after that. It could not even test new heights. All this confirms a higher probability of a bearish trend with targets at 41.35 and 41.25. Then, the price can pullback to the level of support at 39.85. The end of the month is approaching, which means that the business will be more active. Wait for the New York season to begin.


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