Analysis of US Crude Oil (WTI).

  • Lower oil Stocks and Biden’s SPR confirmation see bounce oil Prices
  • Key WTI Crude Technical Considerations Ahead of OPEC+ Production Cut
  • IG customer sentiment shows a mixed outlook, although longs outweigh shorts 2-1

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Lower oil inventories and Biden’s SPR confirmation see oil prices rise

U.S. Crude Oil (WTI) turned higher after an unexpected drop in crude inventories…

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