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Decline in Oil Prices

Summary by aletihad.ae
Oil prices fell today on Friday, with Brent's futures falling by 0.7% to $103.53 per barrel by 0220 GMT, while Western Texas's futures fell by 0.6% to $90. Despite this decline, Brent's rough is going to record weekly gains, following a 4% rise at Thursday's settlement yesterday.

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A rare good news seems to be confirmed since the beginning of September: the oil, but not the gas of Qatar, manages to get out of the Middle East at close levels... L'article Pierre Lellouche: oil under pressure, prices could blaze first appeared on current values.

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Decline in Oil Prices

Oil prices fell today on Friday, with Brent's futures falling by 0.7% to $103.53 per barrel by 0220 GMT, while Western Texas's futures fell by 0.6% to $90. Despite this decline, Brent's rough is going to record weekly gains, following a 4% rise at Thursday's settlement yesterday.

Oil prices fell on Friday morning after a significant rise the previous day, partly due to heightened concerns about events in the Middle East.

Brent crude oil is trading at $102.90 per barrel on international futures markets.

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aletihad.ae broke the news on Friday, October 9, 2026.
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