Oil prices rise on tight supply, inventory uncertainty

Quick Summary

Oil prices rose slightly in early Asian trade on Friday as nations seek to address global crude oil and fuel supply tightness.

Brent crude futures rose 39 cents, or 0.4 per cent, to $110.44 a barrel at 0012 GMT, while U.S.

West Texas Intermediate (WTI) crude futures rose 37 cents, or 0.4 per cent, to $104.

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Category: Economy

Topics: Crude Output Cent Meeting Futures Rose Prices Cents Mediacorp Barrel Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 08:38:35

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 374 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 6719

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About Channel News Asia

Main Topics: Economy

Official Website: channelnewsasia.com

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Year Established: 1999

Headquarters: Singapore

News Last Updated: 8h ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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Publisher ID: #27

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