


| Oil prices extend gains on demand hopes as lockdowns ease |
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Oil prices jumped again on Tuesday on hopes for a recovery in vehicle traffic and fuel demand, as some U.S. states and countries in Europe and Asia start to ease coronavirus lockdown measures,
West Texas Intermediate (WTI) crude CLc1 futures surged 9.9%, or $2.01, to $22.40 per barrel as of 0705 GMT.
Posted: 2020-05-05 14:15:00
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