Oil is headed south. Crossed the psychologically important $50 price level today.
#Oil #Russia
https://www.bloomberg.com/quote/CL1:COM pic.twitter.com/2ihGi9u7ZL
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Well, the spread is usually not bigger than a fixed amount so one will trigger the other and also, the US now allow exports.
The US crude export is bigger than I thought. It's really taken off lately and added 350k b/d since early Feb. Soon 1M b/d.pic.twitter.com/1DpUY1zhyC
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