2 months Oil gives back gains to trade flat after hitting fresh 7-year high Forexlive    

WTI crude now flat on the day
WTI crude rose as high as $83.87 but has pulled back to unchanged at $82.42 on the day.
Oil bulls have showed a remarkable willingness to buy dips in the eight-week rally from $62 but we’re seeing some signs of profit taking today.

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