Germany Trade Balance s.a. came in at €14.4B, below expectations (€17B) in May

Germany Trade Balance s.a. came in at €14.4B, below expectations (€17B) in May
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WTI remains supported around $70.00 as supply cuts tease global outlook

West Texas Intermediate (WTI), futures on NYMEX, are holding their auction near the round-level support of $70.00 in the early London session. The oil
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