WTI Crude oil futures lingered around $85 per barrel as overall undertone remained lax for the risky assets. Asian stocks rose across the board Tuesday as China kept its loan prime rate on hold. However, European stock indices tumbled amid weak economic cues. Oil had garnered some gains in last session on a recovery in the US equities. US stocks ended higher on Monday, as investors turned their attention to this weeks policy meeting at the Federal Reserve and how aggressively it will hike interest rates. WTI Crude has been turning lower in last few weeks and are down around $40 over three months, Powered by Commodity Insights
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