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Market Analysis
Overview of the dynamics of the main assets in the global raw materials market as of 07/29/2019

By the time this article was written, the quotes for September futures for Brent crude on the ICE Futures Exchange had fallen by 0.27% or 0.17 p., to $63.20 per barrel. The cost of September futures for light WTI crude oil on the New York Mercantile Exchange NYMEX rose 0.12%, or 0.07 p., to $56.27 a barrel.

Trading on the European commodity market was marked by a decrease in traders' interest in oil assets

During the final trading session this week, experts noted a decline in the interest of market participants in oil assets. Several factors could influence this trend, especially of a political nature. First of all, we are talking about the unpredictability of the situation in the Strait of Hormuz.

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