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Brent crude oil rises on expectation of a continuous decline in US oil inventories

By Akash Pandey

Posted on 03/08/2021

Brent crude oil rose on Tuesday on expectation of a continuous decline in US oil inventories due to lingering concern over rising cases of the Delta coronavirus variant.

So the Brent crude oil futures rose 60 cents, to 73.49 dollars a barrel. US crude futures climbed 63 cents, to 71.89 a barrel.

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Brent crude oil rises on expectation of a continuous decline in US oil inventories

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