Crude oil prices recovered as the EIA reported another week of decline in US oil inventory. The front-month WTI crude oil contract added +0.88% for the day while the Brent contract was up +1.12% to settle a 52.36. US Treasury prices were largely flat with the Treasury Department suggesting that it was considering the issuance of an ultra long bond.
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Crude Oil Recovered; BOE Awaited; Geopolitical Tensions Intensify
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