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Commodities: Trump's Words Offer Relief To Energy Markets

Commodities: Trump's Words Offer Relief To Energy Markets

AI Briefing

  • President Trump's comments about oil prices led to a 28% surge in ICE Brent futures, reaching just below $120/bbl.
  • Trump's comments offered relief to energy markets, leading to a rally in oil prices.
  • The market is now aware of Trump's pain threshold on oil prices.
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