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Oil: Brent is rising

20/06/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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In trading on Thursday, Brent oil futures rose slightly, following the advance of Israeli tanks in the Gaza Strip.

Brent oil futures for delivery in August rose 8 cents to $85.15 per barrel at 0.008 GMT. American West Texas Intermediate crude for June was down 27 cents, or 0.3%, to $81.30 per barrel

.

WTI crude, on the other hand, slipped ahead of the release of the US government's oil inventory report, which was delayed for a day due to National Day. The Energy Information Administration is due to release last week's oil inventory data at 11 am EDT (1500 GMT) on Thursday.

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