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Oil rises marginally on geopolitical caution

oil prices rose marginally on Thursday amid ongoing caution and uncertainty about the Iran-Israel ceasefire.

The oil market was boosted after official EIA data showed US crude stocks fell for the fifth straight week.

On trading, Brent August futures rose 0.10%, or 5 cents to $67.73 a barrel.

US crude futures due in August rose 0.5%, or 32 cents to $65.24 a barrel.

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