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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOil extends its rise this Friday as negotiations stall in Ukraine. In its monthly report, the agency estimates that 3 million barrels per day of Russian oil could be unavailable from April. A volume that could increase if the sanctions against Moscow become more severe.
Oil prices continued to rise on Friday, consolidating their price above 100 dollars a barrel, boosted by the ongoing war in Ukraine and the stalemate in negotiations between Moscow and kyiv. Around 10:40 a.m. GMT (11:40 a.m. CET), a barrel of Brent from the North Sea for delivery in May took 1.01% to 107.72 dollars. A barrel of West Texas Intermediate (WTI) for April delivery gained 1.13% to 104.14 dollars.
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