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Market Impact: 0.2

Crude Prices Slip as Global Oil Supply Risks Recede

Energy Markets & PricesCommodities & Raw MaterialsMarket Technicals & Flows

WTI crude oil for August (CLQ26) is down 0.59% (-0.83%), while August RBOB gasoline (RBQ26) is up 0.0078 (+0.27%), leaving energy pricing mixed. WTI’s early gains faded as signs point to more crude flowing into the market, weighing on crude sentiment.

Analysis

WTI crude oil for August (CLQ26) is down 0.59% (-0.83%), while August RBOB gasoline (RBQ26) is up 0.0078 (+0.27%), leaving energy pricing mixed. WTI’s early gains faded as signs point to more crude flowing into the market, weighing on crude sentiment.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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