The crude oil trade remains heavily speculative as traders crowd the long side in anticipation of an agreement between Moscow in Riyadh. This morning however prices have turned lower as Iraq is seeking an exemption from the Opec deal citing military spending needs.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-oil-bulls-crowding-the-ring-saxostrats-8156902?utm_medium=tf4-feed&utm_source=extract
From the Floor: Oil bulls crowding the ring — #SaxoStrats
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