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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (146373)3/7/2023 10:44:45 AM
From: Goose94Read Replies (1) of 202903
 
Crude Oil: Prices Remain Rangebound Despite A String Of Predictions

A string of oil events around the world has been providing a steady flow of sound bites about the prospects of 2023 demand, but there is still no indication that the current $80-$86 per barrel bandwidth for Brent oil is to undergo any changes. Chinese crude demand is still not where it was expected to be, the US might be in for a first stock build in 10 weeks, and Powell is set to testify before congress, all of which should amount to another week of choppy trading.

Oilprice.com
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