Oil prices increased ahead of the release of official U.S. inventory data, while concerns about a slowdown in global demand for crude oil continue to threaten energy markets. U.S. West Texas Intermediate (WTI) crude futures rose by 0.74% to $78.78. Meanwhile, global Brent crude futures increased by 1.13% to $83.97, according to data from Bloomberg.
Rise in Oil Prices Before U.S. Data
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