Oil Prices Rise; Likely to Remain Volatile in Short Term

Oil Prices Rise; Likely to Remain Volatile in Short Term

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0231 GMT — Oil prices rise in Asian trade after falling overnight, as several shipping companies have said they are ready to resume transit in the Red Sea. Oil will likely remain volatile in the short term due to geopolitical uncertainty in the Middle East, Guotai Junan analyst Liunan Huang says…

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