Crude oil took its biggest plunge in a year on Wednesday after government data showed US oil inventories kept rising despite Opec's and non-Opec producers' efforts to cut production. Commodities prices are widely under pressure in the run-up to an expected US interest-rate hike next week.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-oil-dives-commodities-widely-pressured-saxostrats-8525563?utm_medium=tf4-feed&utm_source=extract
From the Floor: Oil dives commodities widely pressured — #SaxoStrats
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