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Oil prices stabilize after previous session's gains, WTI trades near $90/barrel
Oil prices stabilized after gaining in the previous session, with West Texas Intermediate (WTI) crude trading near $90 a barrel after rising 1.2% on Wednesday. The most-active Brent contract settled around $98. Wall Street analysts and traders noted that crude flows from the Middle East are nearing pre-war levels, though fuel supplies have not recovered to the same extent, raising uncertainty about the sustainability of the recovery in Middle East flows.
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