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Oil prices continue to rise

Oil prices continue to rise

7 Aug 2026 08:35

SINGAPORE (WAM)

Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz.

Brent crude futures rose 80 cents, or 0.97 percent, to $83.29 a barrel by 0303 GMT.

US West Texas Intermediate futures rose 64 cents, or 0.83 percent, to $77.93.

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