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Global oil market rebounds, crude oil prices rise by 9%

Published by
Abdul khalique

ISLAMABAD: Recent talks between Iran and the US in Islamabad failed to reach an agreement, which increased uncertainty among global investors and the market immediately went up.

In the international market, the price of Brent crude oil rose to $103 per barrel, while WTI crude oil started trading above $105 per barrel.

On the other hand, the price of Murban crude oil from the United Arab Emirates has seen a one percent decline and is at the level of $98 per barrel.

Abdul khalique

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