Author: Steven Sahiounie

Brent crude futures for September rose 15 cents, or 0.2%, to $82.52 a barrel Oil prices rose slightly on Friday but remained on track for a third straight week of declines due to weak demand in China, the world’s largest crude importer, and expectations of a ceasefire deal for the Gaza war and related violence in the Middle East. Brent crude futures for September rose 15 cents, or 0.2%, to $82.52 a barrel by 0648 GMT. U.S. West Texas Intermediate crude for September increased 13 cents, also 0.2%, to $78.41 per barrel. The gains on Friday and Thursday, which were…

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