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Oil Prices Rise as Crude, Gasoline Inventories Ease

July 11, 2024, 02.28 PM  | Reporter: Herlina KD
Oil Prices Rise as Crude, Gasoline Inventories Ease

ILUSTRASI. Oil prices gained on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased. REUTERS/Alexander Manzyuk

OIL PRICE - SINGAPORE. Oil prices gained on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand.

Brent futures rose 62 cents, or 0.73% to US$ 85.70 a barrel by 0620 GMT. U.S. West Texas Intermediate (WTI) crude rose 60 cents, or 0.73%, to US$ 82.70 a barrel.

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Editor: Herlina Kartika Dewi
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