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Oil: 10% drop at the end of the year

29/12/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Oil prices are expected to end the year down by around 10%. This was the first annual decline in two years.

West Texas Intermediate (WTI) oil futures traded 37 cents, or 0.5% more, at $72.14. While Brent oil futures were up 48 cents, or 0.6%, to $77.63 per barrel at 05:23 GMT this weekend. Oil prices stabilized after falling by 3% the day before as more shipping companies prepared to take the Red Sea route

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