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WTI crude oil rises above $90 to a fresh high for the year

By this point the story is well-known -- OPEC+ is putting a squeeze on the market and it's under-supplied somewhere in the 1-3 million barrel per day range. That should narrow in October as China backs off a filling inventories but unless OPEC breaks, global inventories will continue to draw down.And maybe dunking on Cramer is tired but this was a brutal call. This article was written by Adam Button at www.forexlive.com...
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Posted: Sep 14 2023, 14:43
Author Name: forexlive
Views: 091271