MARKET WATCH: WTI, Brent crude see mild recovery after hard fall

After a hard fall the previous day, crude oil markets saw a mild recovery, an analyst noted. Marc Ground at Standard New York Securities Inc., the Standard Bank Group, said of the gains of both Brent crude and West Texas Intermediate, “Like the equity market, crude oil markets are struggling to shake off negative sentiment over the US fiscal cliff and the dire consequences for US economic growth.”

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