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ICBC Global Market: Oil and Other Commodities Market Update - July 19, 2018

Oil prices rose on Wednesday on supply disruption risks in some oil export countries, and U.S. sanction on Iran. Front-month U.S. West Texas Intermediate crude futures surged 2.03 percent at $68.98 a barrel. Front-month Brent crude futures jumped 2.04 percent to $73.06 a barrel. The spread between the two benchmarks stood at $4.08 a barrel.


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