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2022 July 7   09:54

Crude oil futures rose driven by concerns over possible commodity deficit

Oil prices rose by 0.09%-0.16%

As of 7 July 2022, 09:21 (UTC+3), Brent Crude futures for September settlement were trading 0.09% higher at $100.78 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for August delivery rose by 0.16% to $100.85 a barrel.

Global oil prices are rising amid concerns over the commodity shortage in the market.

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