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- West Texas Intermediate crude fluctuated
West Texas Intermediate crude fluctuated
West Texas
Intermediate crude fluctuated as equities gained on speculation of central-bank
stimulus measures after economic reports from the
Prices
trimmed a drop of as much as 2.2 percent as the Standard & Poor’s 500 Index
climbed to a new record. Futures fell earlier after
WTI for
June delivery fell 17 cents to $94.04 a barrel at 1:05 p.m. on the New York
Mercantile Exchange. The volume of all contracts traded was 45 percent above
the 100-day average for the time of day. Prices have lost 2.7 percent since May
8.
Brent for June
settlement rose 34 cents, or 0.3 percent, to $102.94 a barrel on the
London-based ICE Futures Europe exchange. The volume of contracts traded was 27
percent higher than the 100-day average.
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