Economics
WTI Crude Advances for a Second Day as Brent Climbs Above $100
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West Texas Intermediate crude rose for a second day to trim its third weekly drop, the longest losing streak since November. Brent climbed above $100 a barrel.
WTI advanced as much as 1.2 percent in New York. Prices increased the most in three weeks yesterday after the 14-day relative-strength index sank below 30 on April 17, a signal that the market is oversold, data compiled by Bloomberg show. Futures may decline next week on signs that economic growth is slowing, according to a weekly Bloomberg News survey.