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United States EIA Crude Oil Stocks Change above expectations (-2.5M) in July 25: Actual (7.698M)

Canadian Dollar extends losses as BoC holds rates amid inflation concerns and trade risks

The Canadian Dollar (CAD) extends losses for the fifth consecutive session against the US Dollar (USD) on Wednesday, as the Greenback continues its broad-based rally following stronger-than-expected US economic data.
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Sanctions risk and CTA flows lift oil prices – TDS

WTI and Brent crude rose on sanctions fears and heavy CTA buying, but positioning limits in WTI and rising global supply suggest limited upside. Prices may ease after summer as OPEC+ and US output continue to grow, TDS' Senior Commodity Strategist Daniel Ghali notes.
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