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Oil Climbs as Investors Weigh Response to Modest OPEC+ Hike

(Bloomberg) Oil advanced in early Asian trading as investors assessed the potential supply response from the U.S. to a gradual increase in output from OPEC+, which may include the release of strategic reserves. Futures in New York climbed almost 1% toward $80 a barrel after sliding 2.

OGA Opens Investigation into North Sea Sale

Higher Prices Push Dirtier Fuel Use, India Gas Producer Says

(Bloomberg) The “skyrocketing” prices of energy will encourage customers to use dirtier fuels that could impact demand for oil and gas in the near term, according to an Indian gas producer.

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