WTI and Brent trade lower on NYSE on Wednesday

Source: CNBC
© Reuters
Crude oil futures traded lower during the first hour of the North American trading session, despite lower-than-expected initial jobless claims reported earlier on Thursday. Thus, West Texas Intermediate dropped 2.0%, trading at $47.22, whereas Brent declined 2.1%, trading at $47.90 by 14:00 GMT on the New York Stock Exchange.

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