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ComMODITY: Oil is hovering near its lowest level in a month

30/10/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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After falling in the previous two sessions, oil prices remained stable near their lowest levels in a month on Wednesday.

American West Texas Intermediate crude futures rose by 35 cents, or 0.5%, to $67.56 per barrel. Brent crude oil futures gained 38 cents, or 0.5 percent, to $71.50 per barrel at 09:57 GMT. Prices fell on Tuesday for a second session in a row. Crude stocks fell by 573,000 barrels during the week ending October 25, the sources said. Oil falls by 5% after a limited Israeli attack on Iran.

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