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Global oil price hike

2022-08-04T11:54:33.482Z

London, SANA- Oil prices rose today, as markets balanced between lack of supplies and demand concerns, after an increase in stockpiles



London-Sana

Oil prices rose today as markets weighed tight supplies with demand concerns after an increase in US crude and gasoline inventories pushed prices to multi-month lows in the previous session.

Reuters reported that Brent crude futures rose 36 cents, or 0.37 percent, to $ 97.14 a barrel, and West Texas Intermediate crude futures rose 43 cents, or 0.47 percent, to $ 91.09 a barrel.

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Source: sena

All business articles on 2022-08-04

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