Oil stays in retreat mode ahead of European trading
Oil keeps lower for now, down 0.8% to $72.50
The UAE and Saudi Arabia reached a compromise yesterday, seeing price fall from $75.00 to $74.07 before a quick bounce back to $75.42. The price action in itself is telling and in my view, shows how market sentiment actually feels about the agreement.
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July 14, 2021 at 10:27PM