Oil steady after US Capitol drama; tighter supplies in focus - THEMARKETTRENDZ

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Wednesday, 6 January 2021

Oil steady after US Capitol drama; tighter supplies in focus

Brent crude was up 8 cents at $54.38 a barrel by 0125 GMT, after gaining 1.3% overnight. U.S. West Texas Intermediate (WTI) gained 11 cents to $50.74, having slipped earlier in the Asian session. The contract rose 1.4% on Wednesday.

from Commodities-Markets-Economic Times
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