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'Balanced' Oil Market Waits for Price Direction

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Published:
Thu, Apr 21, 2022
Author
John van Schaik, New York
Editor
Chris Raine
ss1718288227-barrels
348

Oil prices are looking for direction in a market that seems pretty “balanced in supply and demand,” one trader said on Thursday, with daily price swings mostly the result of headlines.

Topics:
Oil Futures and Derivatives, Oil Supply, Oil Demand, Oil Products, Crude Oil, Oil Prices
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