Crude consolidates

Crude is consolidating below long-term resistance. Nymex crude is consolidating between $55 and $60/barrel, the 2015 high.

Nymex Light Crude

Brent crude is consolidating between $60 and $65, some way below its 2015 high of $70/barrel.

Brent Crude

The primary trend in both cases is up, with no signs of an imminent change.

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