Crude oil prices retreated on USD’s strength with the front-month WTI contract falling to a 3-day low of 99.13 before settling at 99.29, down -1.03%. The Brent crude contract also plunged to a 5-day low of 110.90 before ending the day at 111.21, down -0.86%, amid signs of production recovery in Libya.
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Crude Oil Retreats amid Signs of Recovery in Libyan Output
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