WTI drops after referendum in Crimea

Source: Bloomberg
© Scanpix/Reuters
WTI contacted from the highest settlement in three days amid speculation that Crimea's referendum on leaving Ukraine would not lead to an interruption in oil supplies. West Texas Intermediate crude for April contract dropped as much as 22 cents to $98.67 a barrel in trading on the NYMEX as of 9:09 a.m. London time. The contract advanced 69 cents to $98.89 on Friday trading session.


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