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December 24, 2024 5:45 PM

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Oil Prices Edge Higher Amid Positive Market outlook Ahead of Christmas

Oil prices rose today, reversing the prior session’s losses, supported by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday. Brent Crude was trading at 73 dollars and 35 cents per barrel gaining nearly one percent. WTI Crude also advanced over 0.9 percent to trade at around 69 dollars and 91 cents per barrel, according to the latest reports.