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Energy Preview: WTI Crude holds steady around $62 per barrel
20-May-2025 09:10

WTI Crude oil futures held up as a break above $60 per barrel held up. The counter currently trades flat around $62 per barrel. Sentiments were supported by ongoing uncertainty over Iran-US nuclear talks. A weaker US dollar also supported oil. US equities were positive too. The S&P 500 saw a slim gain on Monday as Treasury yields came off their highs. The benchmark added 0.09%, marking its sixth consecutive winning session.

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