Crude's Rise Short-Lived. Weakness Resumed on USD's Rebound

Crude oil resumed weakness as the USD rebounded and OPEC officials signaled no intention on a production cut in the upcoming June meeting. Indeed, the selloff was also a reaction to the huge build in US crude inventory in the past week with Cushing stock soaring to a record high.

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Crude's Rise Short-Lived. Weakness Resumed on USD's Rebound

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