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Observing today’s crude oil futures chart, technical resistance at $80 continues to cap upside momentum. However, a breakout above this level could trigger algorithmic buying and challenge $82, supported by rising diesel margins. Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! TotalEnergies to Sell Non-Operated Oil Assets Offshore Norway Analysts note increased volatility driven by OPEC+ production signals and U.S. inventory drawdowns. Short-term technical indicators hint at a potential breakout if supply constraints persist.
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