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WTI Price Forecast: Extends correction below $100
West Texas Intermediate (WTI), futures, on NYMEX, is down 2.25% to near $99.80 during the European trade on Monday. The oil price extends its correction that started after failing to progress the rally above $104.03, the five-month high posted on Friday.
Latest closeWTI crude $102.95 ▲0.9%
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