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Home Markets Futures

Oil edges higher after Saudi Arabia raises prices for crude to Asia

Block Journal by Block Journal
March 6, 2024
in Futures
Reading Time: 1 min read
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Oil futures rose Wednesday after Saudi Arabia raised prices for crude sold in Asia, its largest market.

Meanwhile, industry data showed a small rise in U.S. crude inventories ahead of official data due Wednesday morning.

Price moves

Market drivers

State producer Saudi Arabian Oil Co. SA:2222, known as Aramco, said Wednesday…

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