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Oil prices surge over 1%

Tue 10 Dec 2024, 10:34:47

Oil prices on Monday surged over one percent as top importer China announced that it will adopt an moderately loose monetary policy next year as part of steps to support economic growth and amid uncertainty after the fall of Syrian President Bashar

al-Assad.

Brent Crude was trading at around 71 dollars and 90 cents per barrel, and WTI Crude was trading at arpound 68 dollars per barrel, according to the latest reports.

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