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WTI barrel experiences over 5% increase in closure

(New York) The price per barrel of West Texas Intermediate (WTI), the benchmark American variety, ended up more than 5% on Monday, driven by a technical rebound as the end of the quarter approached, as well as by renewed appetite for risk.


WTI for May delivery gained 5.12% to close at $72.81.

More details to come.

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