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WTI reverses gains on recovering Middle East exports

West Texas Intermediate oil trades lower after giving up earlier gains as recovering Middle East exports and a stronger US dollar offset support from an unexpected decline in US crude inventories.

Original · FXStreet AI summary of public reporting

Why: Recovering ME exports + stronger USD weigh on oil

CL
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Prices since publication

At publication → Current
CL88.29 → 91.14+3.2%
BRENTOIL99.79 → 102.21+2.4%
WTI reverses gains on recovering Middle East exports | SignalHub