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Brent Crude Oil ($US/barrel)

Crude oil closed higher last night after challenging the psychological $US100/barrel area but now the conflict in the Ukraine is built into prices we expect a few weeks consolidation before we see whether crude can push through towards $US110, at this stage its our preference which correlates with MM’s view towards WPL and the Energy Sector.

MM remains mildly bullish crude oil
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Brent Crude Oil ($US/barrel)
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