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via economictimes.indiatimes.comMarkets

Oil above $110 as energy infrastructure attacks heighten supply fears

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Brent crude traded 1.18% higher at $110.18 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $98 a barrel. Brent had settled largely unchanged on Wednesday, while WTI had eased 67 cents.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishCrude above $110 a barrel affects inflation, energy costs and equity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brent rose 1.18% to $110.18 a barrel.
  2. 02WTI traded above $98 a barrel.
  3. 03Attacks on energy infrastructure heighten supply fears.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity110.63 USD+0.10%today +1.66%Positive Crude Oil WTICOMMODITY:WTICommodity98.49 USD+0.10%today +1.38%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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