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Rising oil inventories – In the US

US crude oil stocks rose 6.5 m bl last week with Gasoline and Distillate stocks down 2.0 and 0.8 m bl respectively. In total the three were up 3.7 m bl but the market had expected…

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Trump holds the key for commodities

In a summer when investors have been caught off guard by everything from emerging market woes and the dollar’s tailwind to a brewing trade war, commodity markets have once again…