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Oil held a gain, with Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts in focus. West Texas Intermediate traded below $83 a barrel after rallying by more than 2% on Monday to the highest close since late October. Brent crude was under $87. About 600,000 barrels of Russia’s daily oil-refining capacity has been knocked out by the drone ...
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Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.