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Sunday, October 15, 2023

Oil prices ease as investors assess impact of Israel-Hamas war

Oil prices declined in early Asia trade on Monday as investors awaited the possibility of the Israel-Hamas conflict involving other countries, which could further increase prices and impact the global economy. Brent futures fell 0.4% to $90.53 per barrel, while US West Texas Intermediate (WTI) crude dropped 0.4% to $87.32 a barrel.

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