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WTI Price Analysis: Middle East war de-escalation restricts oil rally around $103.40

WTI Price Analysis: Middle East war de-escalation restricts oil rally around $103.40

AI Briefing

  • Oil price drops 0.8% to $96.60 following Middle East war ceasefire hopes
  • WTI futures reach three-week high of $103.33 on Tuesday
  • Oil price correction continues as market seeks stability
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