WTI slips as Russia-Ukraine tension eases

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate oil declined on Tuesday trading session falling from the strongest level since September on speculation that the escalating geopolitical tension between the Russian Federation and Ukraine is unlikely to end up in a war conflict. WTI for settlement in April slipped $1.62 to $103.30 per barrel on the NYMEX and was last seen at $103.69 by 1:29 p.m. in London.
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