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WTI Crude oil futures rose intraday 5.02%, reaching 102 USD/barrel.
WTI Crude oil futures rose more than 5%, reaching upward 102 USD/barrel
BlockBeats reports,October 23, according to Bitget market data,WTI crude oil futures reached upward 102 USD/barrel, rising 5.02%.
Original link https://m.theblockbeats.info/flash/373433
October 23, Bitget market data shows,WTI crude oil futures reached upward 102 USD/barrel.
WTI Crude oil futures rose intraday 5.02%。
The news was published by BlockBeats.
The following is analysis, separate from reported facts. Verify important claims independently.
WTI Crude oil futures are futures contracts based on West Texas Intermediate crude oil. The data this time shows that its price rose during the day and reached 102 USD。
Crude oil prices rose significantly in the short term; energy market participants may continue to monitor whether prices can remain near 102 USD/barrel and whether other crude oil benchmarks change in tandem.
This means crude oil became more expensive that day, but a single market quote cannot explain the reason for the increase, nor does it mean that prices will continue to rise.
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View glossary →A standardized derivatives contract under which both parties agree to buy or sell a specified quantity of an asset at a predetermined price on a specified future date.
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