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Commodity: falling oil prices

29/09/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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After the Iraqi Kurdistan region resumed its crude oil exports via Turkey over the weekend, mso-bidi-font-weight:bold'>oil prices have fell on Monday.

Brent crude oil futures were down by 43 cents, or 0.6%, to 69.70 dollars per barrel, at 06:30 GMT, after reached their highest level since July 31 on Friday. Crude oil American West Texas Intermediate was down 49 cents, or 0.8%, at $65.23 per barrel, cancelling most of Friday's gains.

Brent and WTI increased by more than 4% last week, their biggest weekly increases since June, while Ukrainian drone attacks on infrastructure Russian energy companies have reduced the country's fuel exports.

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