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Oil: Prices remain stable

05/09/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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As players face weak demand and a possible delay in the increase in market supply next month, oil is trying to maintain its position in early trading on Thursday after a night of selling.

Brent oil futures for November rose 9 cents, or 0.12%, to $72.79 at 0002 GMT after falling 1.42% in the previous session. West Texas Intermediate crude oil futures for October were up 12 cents, or 0.17%, to $69.32 after falling 1.62% on Wednesday. Both indexes fell $1 at the close of trading on Wednesday. According to reports, OPEC+ is discussing a delay in increasing its oil production, scheduled to start in October after oil prices hit their lowest level in nine months on

September 3.
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