Oil market developments: Saudis to lower prices for Asia, US Biden expected to release more SPR

A series of news regarding the oil sector has come out in early Asia which may have an impact on the price of oil in the coming sessions. Firstly, the
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AUDJPY grinds lower towards 93.00, yields, RBA Monetary Policy Statement eyed

AUDJPY portrays the typical pre-event anxiety during early Friday morning in Asia. That said, bears take a breather the lowest levels since October 17
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