Oil rises on risk of broadening Middle East conflict

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Oil rises on risk of broadening Middle East conflict
Oil Prices
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Oil prices rose in early Asian trading on Thursday, extending strong gains in the previous session after the killing of a Hamas leader in Iran raised the...

- Oil prices rose in early Asian trading on Thursday, extending strong gains in the previous session after the killing of a Hamas leader in Iran raised the threat of a wider Middle East conflict and on signs of strong oil demand in the U.S.

Also pushing up oil prices was a set of data releases from the U.S., the world's top oil consumer, and a weaker dollar. U.S. oil demand was at a seasonal record in May as gasoline consumption surged to its highest since before the pandemic, a separate data release from the EIA showed on Wednesday. Climbing Everest, Cheating Death: Extraordinary ‘Mountain Queen’ Lhakpa Sherpa Emerges In Lucy Walker’s Netflix Documentary

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