Oil Price Breaks Out of Descending Channel to Approach August High

The price of oil appears to be on track to test the August high ($73.95) as crude breaks out of the descending channel from earlier this year.

Oil Price Breaks Out of Descending Channel to Approach
August High
The price of oil appears to be on track to test the August high ($73.95) as crude breaks out of the descending channel from earlier this year.