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Oil Steadies as Trade Tensions Continue to Stoke Demand Fears

8/12/2019

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Oil is facing global headwinds from the escalation of the trade war, weak macro data and a strong U.S. dollar, say analysts. Traders seem to be waiting for the next round of bad news. WTI Crude is down $.53 to $53.97; Brent is down $.33 to $58.20 this morning.
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Source: Bloomberg.com - By: Heesu Lee and Grant Smith - Image: Ali Mohammadi
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  • Home
  • About
    • Our Leadership
    • Our Investors
  • Offerings
    • Current Offerings
    • Closed Offerings >
      • Redhawk Resources - Fund I, LP
      • Redhawk Resources - Fund II, LP
      • Redhawk Resources - Fund III, LP
      • Redhawk Minerals Fund I, LP
  • Redhawk Blog
  • News
  • Video Library
  • Contact