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Crude Oil Prices May Struggle at Trend Top, Inventories and OPEC+ Eyed

CRUDE OIL OUTLOOK: Crude oil prices up in risk-on trade as London reopens after bank holiday Follow-through may be limited as trend-defining chart barrier approaches API and EIA inventories data, OPEC+ meeting are in the spotlight ahead Crude oil prices have largely reflected broader sentiment trends recently. The WTI benchmark has tracked higher alongside the bellwether S&P 500 stock index – a proxy for investors’ mood market-wide – over the past week. The US D

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MongiIG in Market News

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