Jan 15, 2025 11:33 p.m.

Crude oil market softened on profit taking

Crude oil market softened on profit taking

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International benchmarks for crude oil took a breather on Monday, 25 October 2021 as traders cash in their positions following a sustained rally on the back of a healthy demand outlook in the US and the tight supply condition. 

Brent losses 20 cents to close at $85.79/barrel.

WTI was down 21 cents to reach $83.55/barrel.