Crude Oil claws back as Hormuz blockade outlasts deal hopes
Crude Oil markets staged a sharp intraday reversal on Thursday, with West Texas Intermediate (WTI) futures briefly tagging lows below $90 a barrel before clawing back above $93, while Brent slid toward $95 before recovering to reclaim the $100 handle.
Crude Oil markets staged a sharp intraday reversal on Thursday, with West Texas Intermediate (WTI) futures briefly tagging lows below $90 a barrel before clawing back above $93, while Brent slid toward $95 before recovering to reclaim the $100 handle.
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