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Crude Oil Prices Rise on Softer US Dollar Despite EIA Report Disappointment

CRUDE OIL, DELTA VARIANT, INVENTORY LEVELS, IEA REPORT – TALKING POINTS Crude and Brent oil benchmarks at weekly highs following overnight gains US EIA oil and gas inventories dropped last week, disappointing expectations Prices take aim at psychological 70 handle but 9-day EMA pinning upside Crude oil prices appear to be stalling just below $70 per barrel after rising overnight despite a disappointing inventory report out of the United States. Brent benchmark pric

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MongiIG in Market News

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