US oil benchmark ticks increased as merchants eye Hurricane Florence

Oil futures noticed combined buying and selling Friday, with the worldwide crude benchmark pressured by rising OPEC manufacturing and up to date information exhibiting international crude inventories at a document in August. The U.S. benchmark, nonetheless, inched a bit increased as merchants watched for any influence on the vitality market from Hurricane Florence. October futures on West Texas Intermediate crude

CLV8, +1.78%

the U.S. benchmark, rose by 10 cents, or almost 0.2%, to $68.69 a barrel on the New York Mercantile Change. The contract stays under the $70.37 mark hit earlier this week, the best settlement since July 20, in response to Dow Jones Market Knowledge. The contract stays …

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