Oil races back above $100 on soft dollar and supply jitters - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Sunday, 24 July 2022

Oil races back above $100 on soft dollar and supply jitters

Brent crude futures for September settlement rose by $4.44, or 4.4%, to $105.60 a barrel by 1427 GMT, having gained 2.1% on Friday. U.S. West Texas Intermediate (WTI) crude futures for August delivery were up $4.10, or 4.2%, at $101.69 after rising by 1.9% in the previous session.

from Commodities-Markets-Economic Times
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