On Wednesday trading, Brent Crude has risen 0.82% to $109.69 per barrel while WTI February crude oil futures has risen to $89.19 per barrel. On daily charts, Brent Crude Oil has support at 106.44 and 105.44 while resistance is seen at $111.35 and $112.47 in the near term. WTI Feb Crude is witnessing a slight recovery and support is seen at $86.5 &$86 while resistance is seen at $92 levels.
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