February Market Update Crude Price Decline Amid Easing Geopolitical Risk Crude markets opened with a brief geopolitical risk‑driven price rally as tensions involving Iran and Venezuela lifted benchmarks by roughly $6/bbl before easing mid‑month, while WTI climbed steadily from the high‑$50s into the mid‑$60s by month‑end as U.S. crude inventories remained about 3% below the […]
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