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The oil market’s bullish structure is fading fast as prices tank

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Published10 SEP 24 - 11:30 Reading time  minutes

“Physical crude prices — those for barrels in the real world — have held up in the face of the recent rout in the futures market”, according to Sparta Analyst, Neil Crosby.

Bloomberg, September 10, 2024 – According to Sparta, physical crude prices have managed to hold up despite the recent downturn in the futures market.

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