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International benchmarks for crude oil inched slightly higher on Thursday, 9 November 2023 with Brent managed to climb above the $80/barrel mark after a series of bearish economic data in the US and China, which coupled with ebbing Israel-Hamas conflict concerns triggered a sell-off.

Brent concluded at 47 cents higher, at $80.01/barrel.

WTI gained 41 cents to settle at $75.74/barrel.