Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli Invasion

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Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli Invasion
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WTI crude oil ran higher today along with the US Dollar as markets contemplate the consequences of the hostilities toward Israel over the weekend. Will it drive WTI higher?

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.RT @IGcom: Risk event for the week: US consumer prices Following the strong jobs data the next big point to watch for the dollar,...Hopes for peace in the region have diminished in the aftermath of the military offensive of Hamas into Israel.

Looking forward, it appears that the markets are perplexed on how to interpret the events of the last few days and with some holidays and a lack of significant economic data release, volatility could evolve.

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