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Crude Oil’s Surge Is a Headwind for Equity Markets
Posted
September 25, 2023
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3,596
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September 25, 2023
3,596
33
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0.97%
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1:23Now PlayingThe rally in crude oil, sparked by production and export cuts from Saudi Arabia and Russia earlier in the year, is gathering pace. That has proved a major drag on stocks, with the 28% rise in WTI crude futures since midJune, coinciding with 5% drop in S&P futures. Why are the moves in crude oil generating headwinds for equity markets? Presented by @cmegroup
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