The Commodities Feed: Oil ignores CPI print

Capt. John

Energy – oil rallies despite bearish developments ICE Brent managed to settle almost 2.3% higher yesterday even after the higher-than-expected inflation reading from the US. Stickier inflation only reinforces the view of a more aggressive hiking cycle from the US Fed. And this latest data supports...

https://www.hellenicshippingnews.com/the-commodities-feed-oil-ignores-cpi-print/

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