May 9, 2024 7:45 PM
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Oil Prices Rise on Decreasing US Inventories and Increased Demand Indicators
Oil prices increased today due to declining US crude inventories, coupled with an uptick in refinery intake and heightened Chinese imports last month. These factors bolstered demand projections for the world's top two crude-consuming nations. The Brent Crude Oil futures was up by 0.89 per cent ...