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Oil prices got some breathing room, all thanks to one thing Trump said. He said the chances of another strike on Iran were “very low,” and with talks underway, Brent softened ahead of the European open, easing one source of inflationary pressure. But Friday’s strong jobs report is still on the table, showing the economy isn’t that weak and the floor under oil prices may not be so easy to break. What changes are you seeing in refined product inventories on your end? I’m watching crack spreads.

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