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Commodity News Details
Energy Preview: WTI crude oil rebounds above $58 per barrel mark
30-Dec-2025 09:18

WTI crude oil is recovering above $58 per barrel mark on Tuesday morning in Asia amid rising geo-political tensions. Media reported on Monday that Russia accused Ukraine of launching a drone strike on the Russian presidential residence in northern Russia, prompting Moscow to reconsider its stance in peace negotiations. Traders await the release of the American Petroleum Institute (API) crude oil stockpiles report on Tuesday for fresh impetus. The counter is currently trading at $58.09 per barrel.

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