WTI Holds Losses Despite Another Crude Draw
June 27, 2023 at 16:40 PM EDT
Oil prices slipped to the lower-end of their recent range – WTI back below $70 – shrugging off any ‘war premium’ from Russia’s coup-gate and seemingly weakening on expectations of a more hawkish Fed after strong econ numbers today. “The market appears to have quickly discounted any meaningful supply risk tied to the short-lived uprising […] Source
