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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOil, up for four days, continues its upward momentum. Oil prices continued to climb Friday morning.
Fears of an escalating social crisis in OPEC+ member Kazakhstan, as well as a still tense situation in Libya, supported prices in a market already concerned about a shortfall in supply. Around 7:40 a.m., a barrel of Brent from the North Sea for delivery in March, the most traded contract in London, gained 0.91% to 82.74 dollars, after having already jumped the day before from 1.47% to 81, $99. Within a week, it climbed 6.18%. In New York, the barrel of West Texas Intermediate (WTI), for delivery in February, took 0.82% to 80.28 dollars, again exceeding the 80 dollar mark crossed for the last time a month and a half ago. . It closed Thursday up 2.06% to $79.46.
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