Crude oil spreads narrowed, and "futures trading Discord" technical teams observed backwardation tightening in Brent contracts. Inter-market correlation charts hint at refining demand impacting Q3 margins. All Rights Reserved. The content on this site is for entertainment and educational purposes only. Betting and gambling content is intended for individuals 21+ and is based on individual commentators' opinions and not that of Minute Media or its affiliates and related brands. All picks and predictions are suggestions only and not a guarantee of success or profit. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER. "The downside (on dollar/rupee) is capped, and any dip will likely be faded." Oil futures remain in range-bound trading, and analysts on "futures trading Discord" note WTI hovering near $78 amid mixed inventory reports. The energy sector’s pace often shapes inflation expectations, with institutional flows adjusting positions ahead of next week’s Fed commentary.