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WTI Oil Flat After Mondays 2.2% Surge, More Upside Ahead?
Despite an OPEC+ production increase, oil prices surged due to misinterpreted data and exaggerated oversupply fears. Strong demand, geopolitical tensions, and trade deal optimism continue to support prices. Technical analysis shows WTI testing resistance; future movements hinge on trade deals and inventory data.
by Zain Vawda
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