Oil futures ended with sturdy features Tuesday, as merchants appeared to fade a long-anticipated resolution by President Joe Biden to launch crude from the Strategic Petroleum Reserve as a part of coordinated U.S.-led effort by energy-consuming nations. West Texas Intermediate crude for January supply
CL00,
+0.31%
CLF22,
+0.31%
rose $1.75, or 2.3%, to complete at $78.50 a barrel on the New York Mercantile Alternate.

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