WTI Tumbles Below $63 After Crude Draw Extends JCPOA Uncertainty Losses

May 19th 2021 10:35am EDT

WTI Tumbles Below $63 After Crude Draw Extends JCPOA Uncertainty Losses Much like the rest of the world’s assets (except gold), oil prices are plunging this morning as broader markets tumbled on inflation concerns (and liquidity-based stress from crypto/tech carnage) and talks over the Iran nuclear deal add to concerns over increased supplies as traders eye the […]

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