WTI Crude

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Last mentioned: 3d ago

Stories mentioning WTI Crude 2

Markets Bearish

Oil Hits 2023 Highs as Robust Jobs Data Sparks Inflation Fears

Crude oil prices surged to their highest levels since 2023 following a stronger-than-expected U.S. jobs report, which simultaneously triggered a sell-off in equity markets. The data has reignited concerns that persistent labor market strength will force the Federal Reserve to maintain restrictive monetary policy for longer.

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