They are not budging from their stance earlier this week and it just means that they are not going to give in and run with a loss. And so the game of poker continues. Oil is down another 0.7% today to $77.40 at the moment.
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Russia reaffirms that it will not supply oil to countries supporting price cap
- Russia continues to make clear their stance on the matter
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- Oil falls further on a report that Iran could be allowed to immediately sell oil
- Crude oil down sharply and tests a swing area target.
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