Supply optimism pressures WTI Crude Oil futures on Friday, closes up nearly 2% on the week, 10/11/10

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CME Group

CME Group

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Friday saw WTI Crude Oil futures under pressure, driven by heightened optimism around production and supply. Crude oil closes down 0.5% but still is up 12% over the past month. Dan Deming provides insights into this dynamic.
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#crudeoil #energy #futures

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