On the New York Mercantile Exchange, West Texas Intermediate crude futures for delivery in April CLJ5, +0.04% lost 17 cents, or 0.3%, to close at $49.28 a barrel. WTI’s losing streak is the longest since August.
Brent crude for April delivery LCOJ5, +0.44% on London’s ICE exchange also failed to hold on to initial gains, dropping 24 cents, or 0.4%, to close at $58.66 a barrel.
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