Oil Prices Hold Steady After Monday's Rally ...Middle East

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Oil Prices Hold Steady After Mondays Rally
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Oil prices were holding relatively steady early on Tuesday morning following a sharp rally on Monday driven by mounting geopolitical tensions and supportive trade developments. At the time of writing, WTI Crude was trading at $66.60 per barrel, down $0.06 or 0.09%, while Brent Crude hovered at $70.00, slipping just $0.04 or 0.06%. Among the catalysts for Monday’s rally—where Brent futures surged more than 2.3%—was President Trump’s decision to drastically reduce the timeline for Russia to broker peace in Ukraine. Originally…

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