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Change in oil risk picture
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Change in oil risk picture

Macro risk now driving

Tim Duggan's avatar
Tim Duggan
Jul 31, 2024
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Change in oil risk picture
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Oil is now up 2% on the london open.

On Sunday I had been looking at further downside to play out in oil, with the nearterm leg down to the Y+1 $74.88 trading yesterday. See the reports daily view estimate below.

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