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Commodity: Oil prices rebound on Friday

19/05/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Après avoir perdu plus de 1% the day before, oil prices rebounded on Friday. Investors are cautiously optimistic that the risk of a U.S. debt default is decreasing.

US West Texas Intermediate crude rose 48 cents, or 0.7%, to $72.34, while Brent futures rose 59 cents, or 0.8%, to $76.45 per barrel at 04:20 GMT.

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