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Fed's Powell's comments sooth bond market, but oil continues rise, hitting crypto and stocks
WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first time since 2002.

WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first time since 2002.
Key takeaways
Quick scan — what you need to know:
- WTI crude oil closed above $100 per barrel for the first time since 2002.
- WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first
- time since 2002.
Background
What led here, in plain terms:
- WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first time since 2002.
- Full context often emerges as officials, markets, or courts add updates.
Why it matters
Why readers and decision-makers should care:
- WTI crude oil closed above $100 per barrel for the first time since 2002.
- WTI crude oil closed above $100 per barrel for the first time since 2002. WTI crude oil closed above $100 per barrel for the first
- time since 2002.