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The U.S. West Texas Intermediate (WTI) prices dropped from the $70/bbl level in July 2018 to around $40/bbl in July 2020. Meanwhile, the international benchmark Brent Crude dropped from the $80/bbl level in July 2018 to around $42/bbl in July 2020.
The U.S. West Texas Intermediate (WTI) prices dropped from the $70/bbl level in July 2018 to around $40/bbl in July 2020. Meanwhile, the international benchmark Brent Crude dropped from the $80/bbl level in July 2018 to around $42/bbl in July 2020.
EU PMI slowed but US PMI still solid: EU Manufacturing and Services PMI index fell to a 2-month low of 51.6 , while the US index surged to a 5-month high of 54.7 from 50.3 in July. Robust production data pushed up the DJIA by 191 points on Friday.
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