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After testing 79.3700 numerous times, Light Sweet Crude Oil FEBRUARY 2022 is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of Light Sweet Crude Oil FEBRUARY 2022 towards 79.3700 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 12 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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