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Crude Plummets As Trump Dangles Iran Sanctions Relief In Surprise Nuclear Deal Hint
Crude Dips, Stocks Rip On Positive Report Of US-Iran Talks Entering 'Technical Stage'
Crude Tumbles On Return To Alleged Deal In Motion Iran Headlines
Crude should be about $200 on standard inventory models corrected for China and SPRs around the world
And rates should be about 10%.
The market says it can’t come to that because it would break the AI bubble,
That’s like saying I can’t go broke because it would be distasteful
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Crude +2.969MM, Exp. -690K
Gasoline -1.686MM
Distillates -428K
Cushing +2.266MM
Production -5kbpd
SPR drained by another 405K to 285MM barrels, lowest since 1982
Crude Oil on track for 6 consecutive red days, its longest losing streak since August 2025 📉 📉
Crude Oil has now declined for 5 consecutive days, its longest losing streak since August 2025 📉
Crude prices slip as supply disruption concerns ease - WSJ
Crude had the best trend UP off 8 AM reading after first 30 minutes...
Crude had first close below 5 SMA, but it also was a 3 bar breakout mode (which trumps retracement trades). But it failed to get range expansion to downside, and is now a solid example of a bracketing market (false breakouts up and down as it consolidates.)
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