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Crude oil prices have come all the way back from before the OPEC/ Russia price war. Both Brent and WTO crude have defied the skeptics proving once again that it is futile to fight global central banks. The catalyst for the overnight crude spike is the €750 billion ($860 billion) stimulus package in Europe that will feed demand and allow a risk-on attitude to drive markets higher and create economic forces that will burn more oil.
Even reports that might suggest that we may get an increase in crude oil supply is