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Oil rebounds after hitting 2022 lows, demand concerns cap gains

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Oil Prices Rose as Much as 2% on Hopes of China s Reopening and as OPEC+ Maintains Output Cut Targets – NBC 7 San Diego

Both futures have since pared gains, with Brent crude last trading at $86.12 a barrel, and U.S. West Texas Intermediate futures at $80.53 per barrel.

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