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Showing posts from June 19, 2022
Brent, WTI down 3.3% and 4.6% at $111 and 105.7 on demand fears as the Fed increases rates to fight inflation. WTI has reached back  at a level it found support after prices rose in Mar22 due to Ukraine war. Since then, WTI has twice tried to break above $ level but failed to sustain.