WTI consolidates the upside around $54 ahead of EIA data

Having reached a four-day high at $54.25 earlier this Wednesday, WTI (oil futures on NYMEX) has entered a phase of consolidation, as it trades nearly
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Italy Producer Price Index (YoY) came in at -2.1%, above forecasts (-2.4%) in December

Italy Producer Price Index (YoY) came in at -2.1%, above forecasts (-2.4%) in December
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