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Brent Crude Jumps 7% Intraday to $105.79, WTI Gains 6.6%

According to Gate data, Brent crude climbed sharply during intraday trading, while West Texas Intermediate crude also posted a strong advance.

GT

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Terms & Concepts
  • Brent crude: A global oil benchmark used to price a large share of internationally traded crude.
  • WTI crude: West Texas Intermediate, a key U.S. oil benchmark widely tracked in energy markets.