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Oil benchmarks split paths as traders eye U.S. stock pile surge, political crisis in Venezuela


Friday, 25 January 2019 03:59 WIB

Minyak WTIMinyak jenis BrentCadangan Minyak Mentah AS


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Oil futures split paths on Thursday, with U.S. prices settling higher and the global benchmark logging a slight loss as traders reacted to a weekly surge in U.S. crude stockpiles and the possibility of U.S. sanctions on Venezuelan crude amid intensifying political tensions in the South American nation.

West Texas Intermediate crude for March delivery added 51 cents, or 1%, to settle at $53.13 a barrel on the New York Mercantile Exchange, while March Brent lost a nickel, or less than 0.1%, to $61.09 on ICE Futures Europe.

Marketwatch


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