Week In Review 10Jul

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Central Banks

Geopolitics

Supply/Demand & Markets

WTI 05Feb

Friday’s Auction
via The Daily

As noted in Thu’s analysis, the focus into Fri’s auction on response to developing Cluster, 31.50s-32.50s, was key as two-sided trade developed there before selling interest emerged, driving price lower toward 30.80s as the Sellside corrective phase continued. Focus into Mon’s auction on response to Fri’s Sell Spike, 31.50s-30.80s.

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