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Crypto@DeItaone on XFiled 2 days ago

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U.S. crude oil futures settled at $86.85 per barrel on Thursday, falling $3.98, or 4.38%, in a single session. The sharp decline marks one of the larger one-day drops in recent weeks, though the tweet did not specify the catalyst behind the move. The selloff matters because crude benchmarks feed directly into inflation expectations, energy sector earnings and gasoline prices. Traders will watch whether the slide extends into the next session or stabilizes near the mid-$80s, with attention on inventory data and demand signals.

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Named in this story

U.S. crude oil futures, Walter Bloomberg