The benchmark crude WTI is up 0.36% to $73.07 today at 7.20 a.m. EST as banking concerns wane and demand optimism builds up.
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Further, supply disruptions at the pipeline from Kurdistan are also propping up prices which have already risen 4.2% over the past five sessions.
Meanwhile, natural gas is down 2.07% to $2.04 today as expectations of normal to warmer weather increase and supply remains elevated.
The Energy Select Sector SPDR ETF (XLE) too is up marginally by 0.13% in the pre-market session today. Here is a list of energy stocks that can be influenced by the latest developments in the energy markets.
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