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Global Markets See Rise in Oil Prices

by Krystal

The price of Brent oil for October 2024 rose by 0.55% to $80.72 per barrel on the ICE London Intercontinental Exchange.

On the New York NYMEX commodity exchange, the price of a barrel of WTI oil for September export increased by 0.51%, reaching $77.55 per barrel.

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These price changes are driven by various factors, including global supply dynamics, economic conditions, geopolitical events, and market sentiment.

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