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Al Jazeera: Brent crude futures rebound intraday to $93.21
According to Al Jazeera, as of 07:32 GMT on November 12 (15:32 Beijing time), Brent crude futures rose 45 cents, or 0.49%, to $93.21 a barrel, while U.S. WTI crude futures gained 27 cents, or 0.31%, to $86.80 a barrel. Both contracts had fallen by more than $1 earlier in Asian trading. The report suggested that ongoing geopolitical tensions in the Middle East offset the impact of increased regional crude production. The above figures reflect the intraday market conditions at the time cited in the report.
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