Germany Markit Services PMI came in at 53.2, below expectations (54.5) in January

Germany Markit Services PMI came in at 53.2, below expectations (54.5) in January
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WTI jumps beyond $ 53 ahead of API inventory report

Oil futures on NYMEX rebounded on Tuesday, as the sentiment was boosted by a weaker US dollar overnight as well as on output cuts announced by the OPE
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