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Oil: rising prices

18/08/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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This Monday, oil prices rose, after White House trade adviser Peter Navarro said that India's purchases of Russian crude were financing Moscow's war in Ukraine and should stop.

Brent crude futures rose by 30 cents, or 0.46%, to $66.15 per barrel at 06:29 GMT while American West Texas Intermediate crude was at $63.19 per barrel, up 39 cents or 0.62%.

Oil prices fell early in trade in Asia after U.S. President Donald Trump met Russian President Vladimir Putin in Alaska on Friday and appeared more aligned with Moscow in seeking a peace deal rather than a ceasefire at first.

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