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2026-07-07T08:28:00.000Z

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Oil prices rise cautiously as global supply increase expected

Oil prices rise cautiously as global supply increase expected

Oil prices rose slightly yesterday, Tuesday, with Brent crude futures increasing by about 28 cents, or 0.39%, reaching $72.29 per barrel. This came amid focus on expectations of increased global supply and demand outlooks, coinciding with a reduced impact of geopolitical tensions in the Middle East on the markets.

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