Crude Oil below $60 today

Crude Oil in New York break below the key psychological level of $60.00 per barrel. The prices continue to fall after strong attack against the prices. These attacks happens as usual during the U.S. session. The price will continue to fall as the next target set by is $45-$50. The major factor for the low Crude Oil prices is the geopolitics. see chances these low levels of Crude Oil to continue more than our first expectations less than a year. For the moment analysis show that the prices below $60 may continue few years up to 5-years.

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