Teknisk analys från Long Life Trading
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- Increasing risk that OPEC+ will unwind the last 1.65 mb/d of cuts when they meet on 7 September
- Brent edges higher as India–Russia oil trade draws U.S. ire and Powell takes the stage at Jackson Hole
- Brent sideways on sanctions and peace talks
- Crude inventories builds, diesel remain low
- OPEC+ will have to make cuts before year end to stay credible