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Oil Updates — crude slips; Vitol says Asia to drive oil demand growth in H2

RIYADH: Oil prices slipped on Tuesday as investor concern over the risk of a US debt default dampened risk appetite, although a tighter market due to a seasonal rise in gasoline demand and supply cuts from the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, lent support. US President Joe Biden and House Speaker Kevin McCarthy ended talks on
United Arab Emirates Saudi Arabia United States Pulau Bukom Singapore General Ar Riya

Oil prices rise on outlook for higher gasoline demand, tighter supply

TOKYO :Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U.S. debt default capped gains.Brent crude futures rose 28 cents, or 0.37 per cent, to $76.27 a barrel by
United States Joe Biden Hiroyuki Kikukawa Kevin Mccarthy Us Department Of Energy Organization Of The Petroleum Exporting Countries

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