Market Sentiment Buoyed by Spanish Auctions

Buoyed by strong US stock markets, crude oil rallied to a 1-month high despite unexpected surge in oil inventory. The front-month contract for WTI crude oil jumped +2.42% and settled at 76.94 Tuesday while that for Brent crude gained +1.82% and closed at 77.62. In the Wall Street, DJIA and S&P 500 added +2.1% and +2.3% respectively.

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Market Sentiment Buoyed by Spanish Auctions

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