Crude Oil Price Supported by Improved Fundamentals; Upside Limited
<p>Expiring tomorrow (May 19), the front-month WTI crude contract continues to climb higher. At the time of writing this report, price is trading narrowly around US$30/bbl, up almost 50% from end of April. Recall that last month, the WTI futures for April delivery collapsed to the negative territory before expiry amidst the lack of storage […]</p>
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