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Crude oil futures tick higher as market shrugs off supply concerns from the Middle East

October 11, 2023 Comments Off

Crude oil futures ticked higher in midmorning Asian trade Oct. 11 as the market shrugged off concerns over potential supply disruptions due to the war between Hamas and Israel. At 11:26 am Singapore time (0326 GMT), the ICE December Brent futures contract was up 23 cents/b (0.26%) from the previous close at $87.88/b, while the NYMEX November light sweet crude…