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Commodities

WTI Rises as Brent Falls on August 7 Oil Price Update

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Oil
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Oil prices experienced a mixed reaction on August 7, as WTI Crude Oil (Light Sweet) saw a slight increase while Brent Crude Oil took a hit.

The NYMEX Stock Exchange reported that WTI Crude Oil price rose by 0.23% to $78.18 per barrel.

In contrast, the ICE Stock Exchange in London revealed that Brent Crude Oil price dropped by 1.22% to $82.38 per barrel.

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