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Oil: Prices start to rise again this Friday

11/03/2022
Categories: Raw materials

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Oil, still fearing supply disruptions, shows a small increase this Friday, March 11, 2022.

Oil prices were on the rise again, still supported by persistent fears of disruptions in the supply of black gold, stemming from the war between Russia and Ukraine, in an already tight market. Around 10:20 a.m. GMT (11:20 a.m. CET), a barrel of Brent from the North Sea for delivery in May took 1.69% to 111.18 dollars. A barrel of West Texas Intermediate (WTI) for April delivery rose 1.91% to 108.04 dollars.

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