WTIUSD

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WTIUSD

Supported by strong economic data and declining inventories during the week, WTI will determine its course today based entirely on the PCE data, which will guide global risk appetite. A moderate inflation figure will confirm the "soft landing" scenario, keeping future demand expectations strong and supporting an increase in oil prices. However, a flight to safety in the markets following a high inflation figure could trigger concerns about global growth, distorting perceptions of oil demand and potentially leading to a downward movement in WTI.