WTI crude gains as U.S. cold returns

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Source: Bloomberg
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West Texas Intermediate crude continues its six-week gain as cold spell in the U.S. strengthen heating fuels demand. Futures almost unchanged in NY and were up 2.2% is week. WTI for delivery in April fell 36 cents to $102.39 a barrel at 10:56 a.m. in London. The amount of all traded futures was around 51% lower than the 100-day average. Prices have climbed 4% during this year.

 

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