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Crude Thoughts

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The first thing to spot from the above is the increase in the discount of WTI to Brent and then dismiss it. February WTI went off the board last night and with the March contract closing at $28.35, the premium to Brent was reestablished. Markets led each other down, the MSCI World equity index is off 11% so far this January, not as much as crude oil but sharing some of the pain. Todays request for an emergency Opec meeting comes from Venezuela, no surprise there, and Algeria who have also

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