Crude Oil price today: WTI price bullish, according to FXStreet data

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West Texas Intermediate (WTI) Oil price advances on Friday, according to FXStreet data. WTI trades at $71.47 per barrel, up from Thursday’s close at $71.26.
Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $74.92 price posted on Thursday, and trading at $75.21.

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  • WTI Crude Falls Below $70, Easing US-Iran Tensions Erode Risk Premium, Oil Prices May Drop to $60
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  • Iran insists on control of Hormuz amid reports of US talks
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    Iran insists on control of Hormuz amid reports of US talksIran’s Foreign Minister Abbas Araghchi said that responsibility for the Strait of Hormuz lies solely with Tehran and warned that any attempt to bypass its preferred route in the waterway will cause “tension and escalation,” Aljazeera reported on Monday.
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    WTI Price Forecast: Trades above $75.50 on Iran uncertainty; 200-day SMA holds the keyWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on the overnight bounce from the $72.80 region, or the lowest level since early March, and oscillates in a narrow band during the Asian session on Friday.
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