BEARS & BULLS CLASH TO GIVE OIL A DECISIVE BREAKOUT

WTI crude prices surged to a six-and-a-half year high in early trading on Wednesday on expectations that output will not be increased despite the sharp rebound in demand. However, reports suggesting that some OPEC+ members may be looking to increase their market share encouraged bears to dominate the market later in the session.

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Thursday, 08 Jul, 2021 / 7:45

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