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MacroVoices #375 Mike Green: Banking Crisis, Debt Ceiling, De-dollarization and more

Macro Voices

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Crude Oil: A Dead Cat Bounce?

EIA printed a build of 3 million barrels, but that was really flat after pilfering 3 million barrels out of the SPR. US production held steady at 12.3 million barrels unchanged from last week. If we get above those above 76 spot 68, we could see a new trend here. But so far, we've seen so many disappointments in the crude oil market.

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