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WTI crude oil rose more than 1.00% intraday, currently trading at $97.65 per barrel.

2026-04-09

WTI crude oil rose more than 1.00% intraday, currently trading at $97.65 per barrel.

Other News
2026-04-09

The US is reportedly considering lifting sanctions on Venezuela's central bank to improve the flow of funds into the country's economy, according to sources familiar with the matter. This decision could facilitate the circulation of proceeds from oil

The US is reportedly considering lifting sanctions on Venezuela's central bank to improve the flow of funds into the country's economy, according to sources familiar with the matter. This decision could facilitate the circulation of proceeds from oil sales, which have been hindered by restrictions and compliance checks that isolated Venezuela from global banking. This move aims to ease economic bottlenecks, including delays in payments to local firms involved in crude production, as transactions linked to the state oil firm PDVSA face heightened scrutiny. The White House confirmed it is exploring further steps to support Venezuela’s economic recovery.
2026-04-08

The Deputy Governor of the Reserve Bank of India stated that speculative activities have artificially drained the dollar supply from the market.

The Deputy Governor of the Reserve Bank of India stated that speculative activities have artificially drained the dollar supply from the market.
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