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June 27 2012

Commentary by Eoin Treacy

Eoin's personal portfolio

WTI Crude oil long initiated

Eoin Treacy's view Stock markets appear to have found at least short-term support and oil has paused in the region of a previous area of support. Potential for a reversionary rally in oil contracts has increased. I initiated a long position in WTI crude oil paying $80.98 for a September contract, including spread-bet dealing costs.

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