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oil prices

US oil prices climbing back above $64 a barrel. The situation in Libya escalated surprisingly quickly last week when the Libyan National Army, a formation affiliated with the eastern Libyan government, launched an attack on the UN-recognized cabinet in Tripoli. The attack followed a statement by LNA…
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Oil prices rose on Tuesday, pushed up by supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, although concerns about a potential recession kept markets from rising further. Brent crude oil futures were at $67.48 per barrel, up 27 cents, or 0.4 percent, from…
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Oil prices fell further from 2019 highs on Friday, but was set for a thrid straight week of gains due to supply cuts led by producer club OPEC and by U.S. sanction on Iran and Venezuela. Brent crude futures were at $67.39 per barrel, 47 cents below their last close. Brent hit a four-month high…
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Oil prices slipped on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed ongoing OPEC-led production cuts. International Brent crude futures were at $65.36 per barrel at 0440 GMT, down 50 cents, or 0.8 percent, from their last…
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