Oil benchmarks secure fourth consecutive monthly advance
Oil prices finished October with a fourth consecutive monthly gain as an attack on a tanker in the Strait of Hormuz and renewed threats to Saudi energy infrastructure heightened fears of further disruption to Middle East supplies. Brent crude futures for December settled on Friday at $117.64 a barrel, up 2.4 per cent, while US West Texas Intermediate crude closed at $104.12, gaining 2.08 per…
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