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Oil: Growth continues

29/12/2021
Categories: Raw materials

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The barrel of Brent rose to 79.75 dollars on Tuesday, after its strong gains the day before, the optimism of the few investors dismissing fears linked to the disruptions of the Omicron variant of the coronavirus.

Oil continued to rise sharply. A barrel of Brent from the North Sea for delivery in February gained around noon 1.49% to 79.75 dollars, while the price of a barrel of American crude WTI at the same maturity took 1.55% to 76.74 dollars. Investors are also awaiting the next summit of the Organization of the Petroleum Exporting Countries (OPEC) and their allies via the OPEC+ agreement, which will be held on January 4.

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