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Oil price hike

2021-07-29T09:06:03.539Z

Singapore, SANA- Oil prices rose today with a decrease in crude inventories in the United States. Reuters reported that



Singapore-SANA

Oil prices rose today with the decline in crude inventories in the United States.

Reuters reported that Brent crude futures rose 37 cents, or 0.5 percent, to $75.11 a barrel, and US West Texas Intermediate crude contracts rose 39 cents, or 0.5 percent, to $72.78 a barrel.

Brent topped $75 a barrel for the first time in more than two years, but fell sharply this month on fears of the rapid spread of the Delta strain and the agreement of major OPEC producers to increase supply.

Source: sena

All business articles on 2021-07-29

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