Crude Oil’s Slump Exacerbated by Rising Inventory

Posted February 8th, 2018 by JennieCorreia0 and filed in General News

World stock markets stabilized although the recovery appears lacking momentum. US dollar remained firm against major currencies with the DXY index closing above 90 for the first time since January 23. Treasury yields resumed strength after two days’ of consolidation. The market has priced in a 90% chance of a Fed funds rate hike in March.

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Crude Oil’s Slump Exacerbated by Rising Inventory

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