Crude Oil WTI China Inventory Refining Capacity Technical Outlook – Topics to Talk about
- crude oil prices are under pressure as China steps up lockdown measures as Covid spreads
- A surprise build-up of US inventories and the restart of a major US refinery are creating headwinds
- WTI prices continue to decline from the 100-day SMA, but a triangle pattern offers a breakout opportunity
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crude oil prices little changed in Asia-Pacific trade…