WTI Rallies Back into $92 as Extended Ceasefire Fails to Calm Supply Fears

West Texas Intermediary (WTI) Crude Oil advances more than 3% on Wednesday, trading back above $92 after testing $93 earlier in the session. West Texas Intermediary (WTI) Crude Oil advances more than 3% on Wednesday, trading back above $92 after testing $93 earlier in the

West Texas Intermediary (WTI) Crude Oil advances more than 3% on Wednesday, trading back above $92 after testing $93 earlier in the session.

West Texas Intermediary (WTI) Crude Oil advances more than 3% on Wednesday, trading back above $92 after testing $93 earlier in the session. The move extends a sharp two-day recovery from Monday’s low around $85, reclaiming territory last seen in early April.

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