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Crude Oil Sinks as US Dollar Soars Ahead of OPEC+. Will Supply Tap Out For WTI?

CRUDE OIL, US DOLLAR, OPEC+, AUD, NZD, USD/JPY, USD/CHF - TALKING POINTS: Crude oil prices slipped as USD strengthened amid a bout of risk off. APAC equities moved lower with Japanese equities leading the way. Energy commodities maintain elevated volatility. Where to for WTI crude? Crude oil fell over 3% with the WTI futures contract trading below US$ 76.00 from a close in New York of US$ 78.39. The OPEC+ meeting this Thursday will meet to discuss levels of output.

MongiIG

MongiIG in Market News

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