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Friday, October 11, 2024

Oil is heading for weekly gains as geopolitical concerns increase

Oil is heading for weekly gains as geopolitical concerns increase
Oil prices suffered slight losses in early Friday trading, after rising in the previous session, but they are still on their way to achieving the second weekly gain in a row, amid traders’ assessment of the impact of the damage caused by Hurricane Milton on American demand versus any widespread disruption of supplies if Israel attacks. Iranian oil sites.

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