WTI first weekly gain in a month

Source: Bloomberg
© Scanpix/Reuters

West Texas Intermediate rose for the first time this week in a month's time after the Malaysian passenger aircraft incident in Ukraine. A general strategist at CMC Markets expects investors could sell Western Texas Intermediate contracts if prices go up to $105.20 per barrel. WTI futures went up 0.7% after a 2% increase yesterday, the largest since June 12.   

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