WTI Crude oil futures slumped yesterday, falling from a four week high of $95 per barrel. The counter has been going up recently on ideas that OPEC will cut the output in near term. The overall mood in equities is steady ahead of the speech of US Fed Chief Jerome Powell at Jackson Hole meeting. The commodity is currently trading at $93.50 per barrel, up 1% on the day. Overall sentiments remain choppy after the spike and yesterdays correction. Powered by Commodity Insights
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