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Jun 16, 2022 12:47 PM

Brent Crude Facing Headwind 

OANDA:BCOUSD1D
Brent Crude OilOANDA

Description

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Brent Crude made a downturn after EIA printed a larger than expected inventory and the recent Fed rate hike to curb high inflation looms over an economic slowdown. Long-term bias still bullish, price correction to near-term support.
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