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Oil benchmarks continue to push higher with.....>

OIL
OIL: Oil benchmarks continue to push higher with both Brent and WTI rising to
within a few ticks of all-time highs. The recovery in EM FX is helping to remove
a headwind to the markets, which show no sign of reversing their bullish trends.
- $71.92 marks resistance for WTI and $79.48 for Brent. The spread has edged
back in the US market`s favour ever so slightly and sits at $7.67.
- Traders now await the weekly Baker Hughes rig count release, due Friday.

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