Oil boosts earnings and increases by 3%



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Oil prices rose yesterday to 3% after being pressured after President Donald Trump announced his intention to impose additional tariffs on imports of Chinese products, provoking a trade war and fueling concerns concerning global energy demand. US futures for September delivery rose 3.2% to $ 55.69 per barrel and Brent futures for October deliveries increased 2.7% to $ 62.15 the barrel.

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