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Oil prices settle slightly higher

July 16, 2026 / 9:30 AM
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Sharjah 24 - WAM: Oil prices settled slightly higher on Wednesday amid ongoing geopolitical tensions in the Middle East and concerns over supply disruption.

Brent Crude rose by $0.22 to settle at $84.95 a barrel. US West Texas Intermediate (WTI) edged up by $0.26 to settle at $79.60 a barrel.

July 16, 2026 / 9:30 AM

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