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The major crude benchmarks edged a tad higher...>

OIL
OIL: The major crude benchmarks edged a tad higher over night in line with the
recovery in Tsys futures with Brent last at $78.32 and WTI at 71.14. The
Brent-WTI spread remains at 3-year highs of $7.21. 
- The space has largely shrugged off the impact of rising global yields and EM
FX weakness and the trend for both major benchmarks remains bullish. Oil has
completely decoupled from EM FX since the start of the year. 

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