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Commodities: Oil Moves Higher Amid U.S.-Iran Stalemate
2026-04-27 · via All Articles on Seeking Alpha

Summary

  • Oil prices had a strong week, with little progress in peace talks between the US and Iran.
  • In the absence of progress, the oil market will have to move higher.
  • CFTC data shows that speculators increased net long positions in COMEX copper by 6,995 lots to 59,132 lots as of 21 April.

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