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Brent Crude Rises to $100/Barrel Amid Tight Supply

Benchmark Brent crude futures reached approximately $100 a barrel today. This rise builds on a nearly 8% gain in September, even as Middle East oil flows have shown some recovery. Dated Brent, reflecting physical delivery, remains at a significant level.

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Benchmark Brent crude futures rose to around $100 a barrel today, adding to gains of about 8% in September despite a recovery in Middle East oil flows. Dated Brent, the benchmark for oil delivered in physical form, remains signific…