Oil on track for weekly climb on potential Mideast supply disruption

Quick Summary:

HOUSTON :Oil prices edged down marginally on Friday but remained on track for a second weekly gain as investors weighed the potential for supply disruption if Israel attacks Iranian oil sites, against the fallout from Hurricane Milton.

Brent crude oil futures were down 20 cents, or 0.25 per cent, at $79.

West Texas Intermediate crude futures slipped 13 cents, 0.17 per cent, to $75.72 per barrel.

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Article Details

Category: EconomyBusiness

Markets: SingaporeArgentinaIsraelLebanonYemen

Topics: Supply Friday Crude Iranian Sites Remained Iran Prices Lebanon Benchmarks Israel

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 10:02:48 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22999300

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 29 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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