Page 2 - ஓபெக் கூடை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
WTI crosses $70 mark as supply concerns surge crude prices
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Crude prices rise after four red sessions
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Crude prices drop 4pc on Covid curbs in China
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Crude prices dip after S Arabia, UAE reach output deal Daily Times(PK)
Oil prices decreased on Wednesday after Saudi Arabia and the United Arab Emirates (UAE) resolved their nearly two-week-long standoff over baseline production levels that was blocking a unanimous OPEC+ deal on oil supply.
At 1420 GMT, Brent, the international benchmark for two-thirds of the world’s oil, shed 0.47 percent to reach $76.13 a barrel. Similarly, the US West Texas Intermediate (WTI) reached $74.75, down 0.03 percent.
The price for Opec Basket was recorded at $75.13 a barrel with 1.08 percent increase, Arab Light was available at $76.73 a barrel with 1.36 percent increase, while the price of Russian Sokol reached $77.31 after gaining 3.52 percent.
Crude prices inch up due to expected fall in inventories
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