Brent crude futures hit 6-month high
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- 1Brent crude futures reached $118 per barrel early Friday, hitting a 6-month high.
- 2While Kpler data shows Gulf exports at 23.3 million barrels per day, exceeding pre-war levels, total market supply remains lower than last year.
- 3Senior executives from Exxon and Chevron withdrew from the ADIPEC conference to be held in Abu Dhabi next week.
So what's the key point?
Brent crude futures prices reached $118 per barrel. Supply levels are lower than last year.
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