• Oil prices jumped 3% at press time, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant. Brent crude climbed $2.59, or 3.9%, to $67.75 a barrel after touching its lowest since May 21 at $64.60. U.S. West Texas Intermediate (WTI) crude for October…
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This Week’s Market Buzz
• At press time, Brent crude oil futures were up $1.49, or 2%, at $75.60 a barrel. U.S. West Texas Intermediate futures were up $1.67, or 2.3%, at $74.61.
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