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Follow-up – Muzaffar Ismail
Oil prices rose, in trading today, Thursday, and futures contracts for US crude “West Texas Intermediate” were traded at $ 72.59 a barrel. an increase of 0.81%.
Brent crude futures contracts were also traded at $77.62 a barrel, an increase of 0.70% from the previous closing price.
The rise in the price of oil comes following a wave of decline, as markets assess China’s measures to ease restrictions on the spread of the Corona virus and its impact on the market.
