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Oil remained largely unchanged as market looks for direction

Oil remained largely unchanged as market looks for direction



Global crude oil benchmarks settled on Thursday, 8 April 2021 with little changes from the previous session as investors look for market direction amid weakening US dollar, short-term COVID-19 pressure, and rising supply outlook.

Brent rose 4 cents, or 0.06% to $63.20/barrel.

WTI shed 17 cents, or 0.29% to $59.60/barrel.