Oil prices up in thin pre-Christmas trade

Quick Summary:

TOKYO : Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S.economic data and rising oil demand in India, the world's third-largest oil importer.

Brent crude futures were up 33 cents, or 0.45 per cent, to $72.95 a barrel and U.S.

The Energy Information Administration is due to release its data on Friday.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndiaUnited States

Topics: Holiday Tuesday Cent Crude Data Demand Prices World Supported Nakhodka Economic

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 09:33:41 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24617654

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 23 posts per day

Year Established: 1999

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News Last Updated: 57 minutes ago

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