Global crude oil prices rose today, supported by rising geopolitical tensions as US-Iran negotiations remained uncertain. Additionally, declines in major crude stockpiles signalled stronger demand, further boosting prices. Brent Crude was trading 1.8 per cent up at 70 US dollars and four cents per barrel and WTI Crude was trading over 1.8 per cent up at 65 US dollars 13 cents per barrel, when reports last came in.
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