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Brent & WTI shed around $0.30 with increased....>

OIL: Brent & WTI shed around $0.30 with increased Saudi supply & a surprise
build in headline crude stockpiles (in the latest weekly DOE report) pressuring
- WTI's fresh 2018 & 3+ year highs printed on Tuesday remained capped ahead of
the daily and weekly bull channel tops. The Bollinger top ($75.85) and very
overbought daily studies remain key concerns for bulls and limit follow through.
The close below $73.50 buys bears breathing room. Bears now look to $72.18.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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