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Crude oil rose more than 4% despite US inventories built upCrude oil rose more than 4% despite US inventories built up |
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International benchmarks for crude oil rose sharply on Wednesday, 21 July 2021 as traders shrugged off reports on the built-up in US inventories to portray a higher risk appetite.
Brent jumped $2.88 or 4.2% to $72.23/barrel.
WTI rose $3.1 or 4.6% to $70.30/barrel.
