West Texas Intermediate drips lower
West Texas Intermediate oil traded fell on Tuesday but settled above the session’s worst levels finding some support on the back of a climb in U.S. and Chinese stock markets.
October WTI crude settled down 0.2% at US$45.94 a barrel New York Mercantile Exchange after tapping a low of US$44.14.
Brent crude for October delivery on London’s ICE Futures exchange jumped about 4% to US$49.52 a barrel which came after a 4% decline on Monday.
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