Commodity sell off weigh | Russia comfortable at $40 Oil | Chinese data produced mixed signal
European markets are under the influence of commodity sell off and is keeping a strong lid on the energy sector. There is no one else to blame for this except OPEC, which for another year decided not to cut the production. Both Crude and Brent have been under pressure since then and for crude the support of $35 is very much under focus. If we break this support , the sell off can become a lot more worse and the reality of 20 handle could become true.
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