Crude oil increased 0.4% to US$69.52 a barrel on Monday (Oct. 22). While Nymex’s crude oil increased 0.1% to US$69.25 per barrel. Geopolitics will be a neutral factor in the week ahead. Tensions between Saudi Arabia and the U.S. have lessened, and even at their peak were unable to overcome sentiment from large crude builds in the U.S.
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