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Home Finance

Oil price gains capped by demand concerns

admin by admin
March 12, 2024
in Finance
Oil price gains capped by demand concerns
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By Paul Carsten

LONDON (Reuters) -Oil prices rose in Tuesday trade as tensions in the Middle East continued to spur concern, but gains were capped by bearish demand sentiment ahead of monthly reports from oil agencies.

Brent futures for May delivery were up 48 cents, or 0.6%, at $82.69 a barrel by 0936 GMT. The April U.S. crude contract rose 40…



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