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Oil rises for fourth day after Israel rejects Hamas proposal, U.S. kills militant commander - TL;DR CNBC

Oil rises for fourth day after Israel rejects Hamas proposal, U.S. kills militant commander

Publishing timestamp: 2024-02-08 10:52:55


Summary

Crude oil futures prices rose for the fourth consecutive day due to the U.S. killing a militant commander in Iraq and Israel rejecting a ceasefire proposal by Hamas. The article also mentions U.S. Secretary of State Antony Blinken's diplomatic tour in the region and the ongoing ceasefire talks between Hamas and Egypt. Additionally, the article notes that oil prices found support after the U.S. Energy Department forecasted slower growth in domestic crude production.


Sentiment: MIXED

Tickers: @CL.1@LCO.1

Keywords: israelbusiness newsgovernment and politicswti crude (mar'23)egyptpoliticsunited statesforeign policyice brent crude (apr'23)benjamin netanyahu

Source: https://www.cnbc.com/2024/02/08/oil-rises-for-a-fourth-day-after-us-kills-militant-commander-in-iraq-israel-rejects-hamas-proposal.html


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