World oil prices rose slightly amid concerns about supply in the Middle East.

World oil prices rose slightly amid concerns about supply in the Middle East.

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WTI and Brent crude oil prices rose slightly amid concerns that the tensions in the Middle East could affect crude oil supplies. In addition, the increased demand for oil during the Northern Hemisphere summer is another factor supporting oil prices. Analysts predict that oil prices will continue to fluctuate, depending on geopolitical developments and cooperation from the OPEC+ group.

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