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Oil prices rise amid geopolitical concerns, weak economic outlooks

[09/10/2024 11:17]

SINGAPORE-SABA
Oil prices rose today, Wednesday, during transactions, after sharp losses yesterday, Tuesday, amid the follow-up of the latest developments in geopolitical tensions in the Middle East and expectations related to demand for crude.

Brent crude futures rose 0.9 percent to $77.89 a barrel.

U.S. crude contracts rose 0.9 percent to $74.24 a barrel.