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Energy & precious metals - weekly review and outlook

From investing.com

When you hear it from Jim Cramer, you know enough people are talking about it. From oil-producing nations to day traders who are long crude, expectations are growing by the day for prices to rip back higher. Why? Because there’s a meeting of the OPEC+ coming. Because crude has lost almost 20% of its value in just three weeks - too much, some say. Because the West will soon have an embargo on Russian crude. Because Vladimir Putin is so mad with the G7 and EU for trying to put a cap on the selling price of Russian oil that he will definitely ban exports to any country participating in the plan. These are all, of ... (full story)

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  • Category: Fundamental Analysis