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2021 November 8   09:16

Oil prices rise driven by high demand

Oil prices rose by 1.11%-1.23%

As of November 8, 08:00 (UTC+3), Brent Crude futures for January settlement were trading 1.11% higher at $83.66 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for December delivery on the New York Mercantile Exchange rose by 1.23% to $82.27 a barrel.

Oil prices are rising driven by high demand and OPEC+ decision.

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