Commodities: Oil Falls On Bearish Fundamentals, But Upside Risks Abound
Source: SeekingAlpha
2025-08-14 04:45:00 ET
Energy
The oil market came under further pressure yesterday, settling under US$66/bbl for the first time since early June. Sentiment was bearish following releases from the International Energy Agency (IEA) and Energy Information Administration (EIA). Yet, at the same time, hopes are high that Friday’s meeting between Presidents Putin and Trump might remove much of the sanction risk hanging over the market....
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Commodities: Oil Falls On Bearish Fundamentals, But Upside Risks Abound
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