BECKHAM
09-08-2022, 11:00 AM
Crude oil prices are weaker in APAC trading hours as traders eye OPEC's MOMR and EIA inventory data. Meanwhile, key oil spreads are weakening, suggesting more losses lie ahead.
FOR MORE ... (https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2022/08/09/Crude-Oil-Prices-Fall-as-Market-Backwardation-Weakens-Ahead-of-OPEC-Report-EIA-Data.html)
FOR MORE ... (https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2022/08/09/Crude-Oil-Prices-Fall-as-Market-Backwardation-Weakens-Ahead-of-OPEC-Report-EIA-Data.html)