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Author archives: Chris Hudson
Morning Oil Report 18/8/20
Good morning all. Brent futures were down 22 cents, or 0.5%, at $45.15 a barrel by 3:22 am GMT, while WTI was down 23 cents, or 0.5%, at $42.66 a barrel. Oil prices moved higher overnight on strong support from ramped-up China crude purchases, a faster-than-expected US economic recovery and liquidity injections from China’s …
Evening Oil Report 17/8/20
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Oil Through the Looking Glass 17/8/20
*US – China Trade Deal Review Postponed There is no new date for the commencement of the discussions between China and the United States over their trade disagreements after the review of phase one was put on hold. This delay will allow China to purchase more US exports before they conduct their review of the …