


| Asia Oil: High disappointment levels leak into price action via bearish API inventory report |
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After running into a wall of offers at $41.50 into the NYMEX open, the enduring oil market rally appears to have run out of steam as profit-taking initially set ahead of some critical inventory data, which was likely exacerbated by technical factors as the pieces entered the upper border of the March price gap.
Posted: 2020-06-24 07:05:00
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