CRUDE WRAP: WTI (M6) SETTLES USD 1.97 HIGHER AT 96.37/BBL; BRENT (M6) SETTLES USD 2.90 HIGHER AT 108.23/BBL

WTI and Brent crude oil prices have settled significantly higher, indicating strong demand or potentially rising geopolitical tensions impacting supply.

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CRUDE WRAP: WTI (M6) SETTLES USD 1.97 HIGHER AT 96.37/BBL; BRENT (M6) SETTLES USD 2.90 HIGHER AT 108.23/BBL

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This uptick could influence related markets, particularly benefiting commodity currencies and raising inflation expectations, which may, in turn, affect central bank policy outlooks.

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