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Market Brief

Market Brief: April 20, 2021

The news cycle was barren on Monday as the Fuels markets remained flat. The dollar traded lower on the day helping lift crude prices slightly. What news was present focused on India, the third largest oil consuming market. India’s ongoing struggle with Covid outbreaks have led to new lockdown measures. Nations such as the UK and Pakistan have also announced travel bans to India. On the domestic front, the Associated Press reported Monday that half of the US adult population has received at least one vaccine dose.

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