12 Oct 2026

19:37

  • Bitumen 60/70

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    15$

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    0.5%

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    15.4%

  • Crude Oil Brent

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Home Blog Oil Prices Rise on Tight Summer Market

Oil Prices Rise on Tight Summer Market

codarx

codarx

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Update date: 2025/07/17

Oil prices rose early on Thursday amid signs that inventories are low in the peak summer demand season and resurfacing geopolitical concerns in the Middle East. As of 8:33 a.m. EDT on Thursday, the U.S. benchmark, WTI Crude, was up by 0.98% at $67.01 per barrel. The international benchmark, Brent Crude, was trading at $68.88, up by 0.53% on the day. Tight markets and falling U.S. crude oil inventories supported oil prices early on Thursday, despite the volatility caused by the uncertainty about the U.S. tariffs and trade deals and the pace of global…

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