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WTI Crude Oil advances on weak US jobs, Iran talks in focus

West Texas Intermediate (WTI) trades around $68.65 at the time of writing on Friday, up 0.30% on the day, recovering part of its recent losses as the US Dollar (USD) weakens following softer-than-expected US employment data.Thursday’s Nonfarm Payrolls (NFP) report showed that the US economy added just 57K jobs in June, well below market expectations of 110K. The weaker labor market data reduced expectations of monetary tightening by the Federal Reserve (Fed), weighing on the…

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