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WTI & Brent trade a touch lower than............>

OIL
OIL: WTI & Brent trade a touch lower than settlement levels at writing, ~$0.10 &
$0.20 worse off respectively.
- Friday's pullback, coupled with and some Russian supply coming back online,
limited crude on Monday, with WTI & Brent settling marginally mixed. Expiries of
several futures contracts across the energy complex (which falls today) likely
resulted in book squaring in early trade this week, and may have crimped price
action on Monday.
- Focus today falls on the weekly API crude inventory data.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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