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Oil held steady after US inventories report

Oil held steady after US inventories report



International benchmarks for crude oil held largely steady on Wednesday, 5 May 2021 as a report on the sharp drop in US crude inventory shielded the market from the worsening outbreak in India and Brazil. 

Brent closed at $68.96/barrel, up 8 cents or 0.12%.

WTI closed at $65.63/barrel, down 6 cents or 0.09%.