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Crude falls 49 cents, trades higher this morning.

Posted on: April 08, 2016

WTI retreated slightly on Thursday, with the front future falling 49 cents to settle at $37.26. This move was not unexpected given the large run up on Wednesday, and crude followed equity markets lower.

This morning crude has jumped higher on comments from Kuwait that a deal can be done without Iran, the front of the curve is trading a $39 handle at the time of writing.

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