WTI and 10Y yields

NYMEX:CL1!   Light Crude Oil Futures
So far this month rates were showing the future move for oil . Is it the case this time? Rates are falling meanwhile oil skyrocketed on Saudi Arabia's case. Poor equities outlook weighs a bit on oil's demand. In my opinion oil will drop from current levels. The viwer should pay attention to both technicals and fundamentals right now as situations of oil markets send worries accross the globe


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