Oil prices ease after rising in three consecutive sessions, Brent still around $107/bbl

Global crude prices traded on a subdued note on Wednesday morning after rising around 8% over the previous three sessions.

Around 7:50 AM, the July contract of Brent on the Intercontinental Exchange was at $107.08 per barrel, down 0.64% from its previous close. The June contract of West Texas Intermediate fell 0.64% to $101.53 a barrel.

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