- WTI nudges up to $82.85 per barrel, gaining 0.40%, as the USD experiences a pullback, ending a 12-week rally.
- US job growth impresses with a 336K rise, yet Federal Reserve officials hint at a potential pause on rate hikes.
- Russia’s lifted diesel export ban and a dip in US oil rigs introduce new variables into WTI’s supply-demand equation.
West Texas Intermediate (WTI), the US crude oil benchmark, snaps two days of losses and climbs 0.55% late in the New York session. News that Russia’s lifted a fuel export ban capped the ongoing fally, while global economic headwinds threaten to dent demand.
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