Oil prices rise on signs of increased US demand ...Middle East

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ISTANBUL: Oil prices rose on Friday, driven by stronger-than-expected US economic growth, signalling greater oil demand, reported Anadolu.International benchmark Brent crude traded at US$82.49 per barrel at 09.32 am local time (0632 GMT), an increase of 0.15 per cent from the closing price of US$82.37 per barrel in the previous trading session.The American benchmark West Texas Intermediate (WTI) traded at US$78.39 per barrel at the same time, a 0.14 per cent rise from the previous session that closed at US$78.28 per barrel.The US economy expanded 2.8 per cent in the second quarter of 2024, according to the Commerce Department’s first advance reading released Thursday. The figure came much hi

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