Crude oil WTI can break above 72.00 handle on Venezuela

Venezuela economic crisis combined with potential further US sanctions can lead to a big oil supply squeeze. Earlier in the day, the Energy Information Administration reported a lower crude oil stockpile than anticipated at -1.404M versus -0.763M. Crude oil West Texas Intermediate (WTI) is trading at around $71.47 a barrel up 0.78% on Wednesday.  The […]

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