Tuesday 23 July 2024
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- 13 days ago

Oil Drops as Market Escapes Serious Hurricane Beryl Damage

By Adedapo Adesanya Oil fell on Tuesday following traders discovery that extended supply interruptions were unlikely since Hurricane Beryl s damage to the US oil-producing powerhouse in Texas was less than anticipated. Brent crude futures settled at $84.66 a barrel after it lost $1.09 or 1.3 per cent, and the US West Texas Intermediate (WTI) crude [ ]


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