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WTI remains heavily offered near $84.00 amid hopes for de-escalation in US-Iran conflict

WTI remains heavily offered near $84.00 amid hopes for de-escalation in US-Iran conflict

Source Summary

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – opens with a bearish gap at the start of a new at the start of a new week and retreats further from its highest level since June 8, around the $92.25 zone, touched last Thursday.

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