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Will oil price hit $100 amid relentless rally? It already did in some markets

Some grades of crude oil, such as Nigerian crude Qua Iboe and Malaysian crude Tapis, have already surpassed $100 a barrel, indicating expectations of tight supply. The rise in oil prices is driven by the prospect of a supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts. Brent oil futures traded as high as $94.89, and the benchmark used for trading physical cargoes, dated Brent, stood just above $96.

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Oil Prices Surge as Brent Reaches Highest Level since November 2022

Rising Oil Prices: Brent Reaches $92 per Barrel Rising Oil Prices: Brent Reaches $92 per Barrel Introduction Oil prices continued to rise in trading

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Crude Oil Prices Fall As Markets Reassess Supply Cuts

Crude oil prices declined on Wednesday after a strong rally on Tuesday in response to supply cuts by Saudi Arabia and Russia that unexpectedly extended supply cuts to the end of the year.

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U S stocks were wobbling as investors take in megacap earnings

U S stocks were wobbling as investors take in megacap earnings
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U S stocks are rising as another week of megacap earnings kicks off By Investing com

U S stocks are rising as another week of megacap earnings kicks off By Investing com
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