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Saxo's global macro strategist Kay Van-Petersen considers shorting June contracts in WTI, from $67.10/barrel, in a high conviction trade.
He is aiming to target levels around $62.00-$65.00/barrel, but recognises key risks developing such as retaliation from Russia.
You can read more by Van-Petersen here.
02:17 minutes
Tags: home.saxo, kay van-petersen, saxotrader, saxotradergo, syria, trade idea, trade view, tradingfloor.com, WTI