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West Texas Intermediate crude oil was little changed in early floor trading on the New York Mercantile after rebounding from a decline of 0.7 percent.
WTI for March delivery declined 11 cents to $97.73 a barrel at 9:04 a.m. The price ranged from $97.11 to $98.14. The volume of all futures traded was 21 percent more than the 100-day average.
Brent for March settlement rose 37 cents, or 0.3 percent, to $107.56 on the ICE Futures Europe exchange. The European benchmark crude was at a premium of $9.83 to WTI on the ICE exchange, compared with $9.35 yesterday.
rebounded after the Labor Department reported payrolls in the
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