- The West Texas Intermediate Crude Oil market pulled back initially on Wednesday to test the lows yet again.
- That being said, we have turned around to show signs of life, perhaps due to the idea of more risk-taking out there as the CPI numbers came out cooler than anticipated.
- The idea is that the Federal Reserve will not have to slow down the economy as much as one side, and that could lead to more demand for crude oil.
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