Teknisk analys från Long Life Trading
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- Large drop in total commercial petroleum inventories
- Crude oil comment: Unable to rebound as the US SPX is signaling dark clouds on the horizon
- Crude oil comment: Not so fragile yet. If it was it would have sold off more yesterday
- OPEC+ can probably stomach a flat to slight contango market during a period where they lift production
- Oversold. Rising 1-3mth time-spreads. Possibly rebounding to USD 73.5/b before downside ensues