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Crude oil futures rise as Russia bans gasoline, diesel exports

September 22, 2023 Comments Off

Crude oil futures rose in midmorning Asia trade Sept. 22 after Russia introduced a ban on exports of diesel and gasoline, bringing tight supply concerns to the fore. At 10:50 am Singapore time (0250 GMT), the ICE November Brent futures contract was up 65 cents/b (0.70%) from the previous close at $93.95/b while the NYMEX November light sweet crude contract…