OilReporting

Oil Continues Downtrend After Tensions Fall

NYMEX:CL1!   Light Crude Oil Futures
- The US Treasury has come out stating that they will no longer be issuing China as a currency manipulator of the Yuan
- CL1 Crude down more than -1.6% at the end of today's trading session on the back of cease fires and diminishing tensions between the US & Iran
- Asian Session Traders attention turns to China as they await Chinese Trade Balance data

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