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Commodities

Middle East Conflict Concerns Boost Oil Prices

Guavy AI Editorial Team
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Oil
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Oil prices have risen in response to growing concerns about the prolonged conflict in the Middle East. The Brent crude oil futures for November delivery were up $0.91 (0.94%) from their previous day's close, reaching $97.91 a barrel on the ICE Futures stock exchange in London.

This increase follows Monday's rise of $0.72 (0.75%) to $97 a barrel. The WTI crude oil futures for October delivery went up $1.83 (2%) to $93.31 a barrel in online trading on the New York Mercantile Exchange (NYMEX).

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