Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, January 01, 1970
Market Minute: Oil Prices Start to Fall / Commodities / Crude Oil
The recent rise in oil prices (WTI) appears to have reached a crest in late April. The outlook now is for lower levels.
Light crude oil prices made an impressive rally in March and April largely due to production cuts from Russia and OPEC. Global demand was also expected to increase, according to the EIA.
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