WTI to approach the $90 mark in the latter part of the year – TDS Oil WTI Banks
Strong fundamentals
This will more than offset the surplus accumulated in the first half of 2023 and tighten markets. With that, and significantly elevated crack spreads amid a low inventory environment and recent major refinery outages, crude should perform very well. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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