Tag: overbought
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Oil up 6th week on Saudi cuts gambit; Charts show overbought market
[ad_1] Investing.com — Play it to the hilt. Like an encore demanded each time OPEC performs, the Saudi-cuts gambit rose to the occasion again this week, with the kingdom announcing ahead of its monthly meeting on Friday that it will drop another million barrels per day from its September production — akin to what it…