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Oil: rising prices

30/09/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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Oil prices rose for a second straight session on Monday.

Brent crude futures for November delivery won. That contract expires on Monday, and the more active contract for delivery in December climbed $1.04, or 1.45%, to $72.58. West Texas Intermediate U.S. crude futures rose 93 cents, or 1.36%, to $69.11 per barrel. Prices also rose last Friday, although over the week, Brent fell by around 3% and WTI by around 5% due to concerns about demand in China, despite fiscal stimulus measures from the world's second largest economy and largest oil importer

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