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Oil: rising prices

24/09/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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En raison des craintes que l' intensification du conflit entre Israel and Hezbollah could have an impact on supply in the key producing region of the Middle East, oil prices Trole increased on Tuesday

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US crude futures for November were up 24 cents, or 0.3%, to $70.61. Brent oil futures for November were up 21 cents, or 0.3%, to $74.11 per barrel at 0030 GMT. Both contracts closed lower on Monday as concerns over demand got the better of investors after disappointing business activity in the eurozone and ongoing concerns about fuel consumption in China. Israel and Hezbollah, an Iranian-backed group based in Lebanon, exchanged gunfire after thousands of pagers and walkie-talkies used by Hezbollah members exploded last week

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