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Oil inched higher as the market kept eyes on the supply tightnessOil inched higher as the market kept eyes on the supply tightness |
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International benchmarks for crude oil inched higher on Tuesday, 21 June 2022 after a comment from the Exxon Mobil Corp on a potentially tight oil market in the next five years. Meanwhile, US crude and gasoline inventories are expected to fall last week.
Brent settled 52 cents higher at $114.65/barrel.
WTI for July delivery, which expired on Tuesday, closed at $110.65/barrel.
