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Equity markets affect oil prices
Oct. 12, 2018
Source: Reuters

Equity markets affect oil prices

After two days fall, oil prices rose again on Friday. The signal of exaggerated supply concerns and downturn in equity markets have affected the crude market. Brent crude rose by 0.4%, at $80.59 a barrel, while WTI futures went up by 0.4%, at $71.23 a barrel. On Thursday, a global equity index went down to a 1-year low due to the ongoing trade war between US and China.

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