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WTI Crude Oil futures experienced heavy early selling pressure on Friday, dropping to a one-month low of $88.06 amid discussions of a potential strategic reserve release in Europe. However, prices rebounded to near $91.50 as the market digested escalating tensions in the Middle East, including reports of potential U.S.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but