Prices rise on OPEC silence and falling distillate stocks
Oil prices rose by almost $2 a barrel in the third week of October, as OPEC kept traders in suspense as to its output reduction plans and US distillate stocks fell sharply. Spot Brent was trading at $58.99 a barrel on 18 October, compared with $56.06 a barrel a week earlier.
Oil prices rose by almost $2 a barrel in the third week of October, as OPEC kept traders in suspense as to its output reduction plans and US distillate stocks fell sharply. Spot Brent was trading at $58.99 a barrel on 18 October, compared with $56.06 a barrel a week earlier.
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