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WTI edges towards $74.00

OIL
  • Worth a quick look at Oil this morning, with WTI pushing back towards the $74 handle, after US, UK launch airstrikes on Houthis, so far printed a $73.97 high.
  • WTI has seen swings throughout this week, within that wide $4.96 range of $69.28/$74.24 (low/high) in 2024.
  • That upper range will be seen as the initial resistance.

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