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Crude oil settled higher on concerns over weather conditionCrude oil settled higher on concerns over weather condition |
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International benchmarks for crude oil moved higher on Friday, 21 May 2021 after three days of losses after a storm in the Gulf of Mexico threaten supply. However, investors remain focused on the Iranian nuclear deals that would allow the country to freely export their crude.
Brent gained $1.33 or 2% to $66.44/barrel.
WTI gained $1.64 or 2.65% to 63.54/barrel.
