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Crude Oil Prices May Keep Falling as PMI Data Shows Inflation Swell of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-05-21 07:02:00 Ilya Spivak, Head Strategist, APAC CRUDE OIL OUTLOOK: Markets see US-Iran thaw bringing significant supply boost US, UK PMI data in focus for signs of sticky inflation rise Crude oil prices continued to sink, with the benchmark WTI contract recording its worst three-day performance in two months. Traders are mulling the prospect of a thaw between Washington and Tehran that might see sanctions on Iranian crude exports eased as part of a new denuclearization deal. ....