The WTI Crude Oil Futures price is hovering around $90. "Investors sold the open last night and are wondering what is next. $90 is a pivot, but it has to come down to the Consumer Price Index or CPI number. Just five weeks ago, the crude oil price was $76 and now inflation fears are the driver. Jerome Powell pivoted to be more hawkish. If China reopens and saves face, there will be more demand for crude oil," says Chris Robinson.
07 Nov 2022
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21 Mar 2023
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13 Feb 2023
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01 Mar 2023