Crude Oil nosedives for a second day and sees losses accelerate on Thursday in what seems to be a sharp correction.
Crude Oil is under pressure again, already down over 2.00% on Thursday. Additional China stimulus is being offset by Saudi Arabia rumors and a ceasefire proposal on Lebanon. The US Dollar Index holds steady ahead of a very volatile data calendar, with the Fed’s Powell speech in focus.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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