Brent crude oil volatility: August outlook

Analyst Vito Turitto sees August likely being a sideways month with crude oil prices tending to oscillate within a trading channel

that probably will be a lot more downside biased than upside.

* Brent market likely to oscillate within a trading channel
* OPEC members compliance to production cuts falls to 78%
* Oil volatility likely to increase in the short term

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