Energy prices strengthened, led by huge decline in US crude oil inventory and refinery outage. The front-month WTI crude oil contract rose for a third straight day, gaining +1.5%, to settle at 45.5. The Brent crude oil contract also added +1.52% to close at 49.98 for the day. Precious metals retreated after rallying over the past few days.
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Energy Prices Strengthened on Crude Oil Inventory’s Double-Digit Withdrawal
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