Cl futures are testing the $82 psychological
CL futures are testing the $82 psychological barrier, a level that has in the past triggered profit-taking phases. Market watchers are balancing technical levels with macro drivers like upcoming US GDP data. Click here for in-depth analysis of the latest stock market news and events moving stock prices Released on Wednesdays, EIA reports track US crude inventories levels stored for future use. A surprise EIA build of 1.1 million barrels pressured CL futures by 0.4%. Traders are evaluating whether this deviation from the prior drawdown trend signals a short-term correction or simply a data anomaly.
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