Oil Prices Continue Upward Trend on Tuesday as Markets Focus on Middle East Geopolitical Tensions

Deep News

09/10

Oil prices extended their gains on Tuesday. The Israeli military claimed to have conducted strikes against Hamas leadership in Qatar's capital Doha, escalating regional conflicts.

Brent crude contracts rose $0.37, or 0.56%, to close at $66.39 per barrel.

New York Mercantile Exchange October delivery West Texas Intermediate (WTI) crude contracts gained $0.37, or 0.59%, to settle at $62.63 per barrel.

Both major crude contracts had already been trending higher, supported by factors including: OPEC+'s latest oil production increase falling short of expectations, market anticipation that multiple countries will continue building oil reserves, and concerns over potential new sanctions against Russia.

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The Israeli military claimed to have conducted strikes against Hamas leadership in Qatar's capital Doha, escalating regional conflicts.</p>\n<p>Brent crude contracts rose $0.37, or 0.56%, to close at $66.39 per barrel.</p>\n<p>New York Mercantile Exchange October delivery West Texas Intermediate (WTI) crude contracts gained $0.37, or 0.59%, to settle at $62.63 per barrel.</p>\n<p>Both major crude contracts had already been trending higher, supported by factors including: OPEC+'s latest oil production increase falling short of expectations, market anticipation that multiple countries will continue building oil reserves, and concerns over potential new sanctions against Russia.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4570","symbol_name":"地緣局勢概念股","start_time":0,"source_url":"","article_id":"1186518711","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186518711","pubTimestamp":1757445627,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Oil prices extended their gains on Tuesday. 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