Crude oil managed to wipe out part of the losses during the previous six sessions

The crude oil appreciated by more than 1% at the start of the week, managing to wipe out at least part of the losses during the previous six sessions. The US light WTI crude rose by 1.27% during the Asian trade to 59.95 USD per barrel, while the Brent increase is 1.10% to 63.48 USD per barrel.

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