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Crude Rebounds From Session Low

OIL

Oil markets are rebounding, with Brent front month rising to a new intra-day high of $87.68/bbl before easing back, over uncertainty on the details of Israel’s response to Iran’s attack on the weekend but oil prices have eased with no new developments in recent days. Earlier reports stated that Israel is unlikely to carry out an attack on Iran until after Passover, which is beginning on 29 April.

  • Brent JUN 24 down 0.2% at 87.13$/bbl
  • WTI MAY 24 down 0.1% at 82.64$/bbl

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