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    RISK IS “ON” AGAIN… A PRICE REBOUND IS POSSIBLE!

    28 Jul 2022
    The bearish trend initiated late May is now broken. Now that the Black Sea corridor has been signed and harvest results are confirmed to be decent in Europe, markets are starting to take into consideration some new risks: US & EU dry and warm conditions, the implementation of the corridor within an escalating geopolitical context, furthermore the high probability for Ukrainian drilling to be very significantly affected by the war. So, is a price rebound possible from current levels?

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