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When the crude oil market becomes ugly, the price action can be hideous. In 2014, the price began to fall from a high at almost $108 per barrel on the nearby NYMEX futures contract. The selling ended in February 2016 with the price at a low at $26.05 per barrel. Crude oil then recovered and made higher lows and higher highs until it reached a peak at $76.90 per barrel in October 2018. Selling returned during the final quarter of last year taking the price to a low at $42.36. The latest rally ended in