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Commodities

WTI Oil Price Sees Wild Ride as Volatility Continues

Guavy AI Editorial Team
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Oil
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Crude oil prices have been volatile in recent weeks. On Wednesday, West Texas Intermediate (WTI) oil price gained ground after three days of losses, trading around $81.00 per barrel during the European hours.

This marks a significant turnaround from last week when WTI crude price halted its three-day winning streak, trading around $90.20 per barrel during the Asian hours on Friday.

Looking at the bigger picture, USOIL is on track to surge over 10% this week, following a decline in October that saw prices pull back from two-week highs at $62.00.

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