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Oil Traders Reprice Hormuz Risk as Demand Outlook Deteriorates

1 source ·1 article ·Aug 14, 12:00 UTC W&T Offshore

September WTI crude oil futures are trading at $81.19 late Thursday, up $4.11, or 5.33%, for the week. With Friday’s session still to come, the final weekly result remains unsettled. The message is clear. Traders spent the week rebuilding t…

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