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Oil Tops $110 for First Time Since May as Supply Risk Grows

Brent oil hit $110 a barrel for the first time since May as prospects for imminent supply relief dwindle, prompting traders to ramp up bullish bets ahead of the weekend.

Original · Bloomberg AI summary of public reporting

Why: Supply risk grows → Brent tops $110

BRENTOIL

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At publication → Current
BRENTOIL106.74 → 106.43−0.3%
Oil Tops $110 for First Time Since May as Supply Risk Grows | SignalHub