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WTI/USD – Crude Rally Hits 16-Month High

Oil prices continue to climb in the Monday session. In North American trade, WTI/USD futures are trading at $51.92. Brent crude futures have climbed to $54.99, as the Brent premium stands at $3.07. In the US, ISM Non-Manufacturing PMI jumped to 57.2, beating the forecast of 55.3. Employment numbers were on center stage on Friday
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