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Oil Futures Maintain Rising Trend

M. Ali 7 October, 2020 1:26 am Commodities, Market Update

Oil prices rose for the second consecutive day on Tuesday, amid output disruptions and improved risk sentiment.

Brent crude futures for December delivery added $1.36, or 3.3%, and closed at the level of $42.65 per barrel.

Meanwhile, the US West Texas Intermediate (WTI) crude futures for November delivery finished higher by $1.45, or 3.7%, at $40.67 per barrel.

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