Oil prices climb over supply concerns
Oil prices slightly increased today due to China's suspension of fuel exports, raising concerns over a worsening global fuel shortage. Brent crude rose by 29 cents (0.28%) to reach $102.60 per barrel, while US West Texas Intermediate increased by 27 cents (0.29%) to $93.14. Despite these gains, Brent is heading for a weekly loss of 1.93% after a 14% gain in September 2026, whereas US crude has seen a 4% rise for the past month.
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