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2024

Oil Prices Surge 5% Amid Middle East Tensions and US Economic Resilience

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The oil market witnessed a significant upturn on Thursday, October 3rd. Prices climbed sharply as investors grew wary of potential supply disruptions in the Middle East. The surge came alongside indicators pointing to a stronger-than-expected US economy. WTI crude for November delivery rose by 5.14% on the New York Mercantile Exchange. It closed at $73.71 […]



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