Crude oil prices rebounded on Friday as geopolitical tensions in the Middle East triggered concerns over supply of crude oil. Uncertainty over the presidential election in the U.S. and the impact of the same on crude oil supply from the U.S. also weighed on sentiment.
Brent Oil Futures for December settlement is currently trading at $74.89, having gained 0.69 percent from the previous close of $74.38. Prices had slipped 0.77 percent on Thursday and 1.42 percent on Wednesday.
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