Crude oil markets: uncertainties slowly subside, raising the hope of a steady recovery - at last!

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The nature of the recovery of the price of crude oil in the last few days, having been on an emotional roller coaster of the investors for weeks, is raising the hope of the former becoming a steady phenomenon in the next few months. 

Although the Delta variant is still creating chaos across the world, the inventory draws of the crude oil in the US and in other major consumers as well, imply that the world is gradually adapt itself to live with the new-normal in the absence of a silver bullet for the crisis.

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