Rising Yields and Growing US Inventories Put Pressure on Crude Oil Prices and Equities
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#909cfb47 ver:0.68

Rising yields and growing US inventories are putting pressure on crude oil prices and equities. Stocks are down as yields climb, while oil prices rise and US production falls. Concerns about a potential stock market correction are fueled by a 13.2Mb increase in inventories. The energy sector is vulnerable to a correction, with bullish and bearish pressures on crude prices. The author expects a decline below $75 per barrel. Despite short-term challenges, the long-term outlook for the energy sector remains bullish. #CrudeOil #Equities #StockMarket #Yields #Inventories...

#newstr #RisingYields #UsInventories #CrudeOilPrices #Equities #EconomicData #GeopoliticalConflicts #EnergySector #EiaData #NaturalGasStorage #RigCount 

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