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Crude Reverses Gains After U.Mich 1year inflation Surge

OIL

Crude reverses earlier gains to trade negative on the day with a stronger US dollar following the surge in U.Mich 1year inflation expectations.

  • Brent JUN 23 down -0.1% at 85.97$/bbl
  • WTI MAY 23 up 0.1% at 82.23$/bbl
  • WTI-Brent up 0.16$/bbl at -3.88$/bbl
  • Brent JUN 23-JUL 23 down -0.02$/bbl at 0.39$/bbl
  • Brent DEC 23-DEC 24 down -0.08$/bbl at 5.4$/bbl

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