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Oil Updates — Crude up; Iraq plans to raise oil exports by 250k bpd in 2023

RIYADH: Oil prices rose by over 2 percent on Wednesday on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery. Brent crude futures LCOc1 rose $2.23, or 2.69 percent to $85.26 per barrel at 02.15 p.m Saudi time. US West Texas Intermediate crude CLc1 futures climbed $1.95, or 2.49 percent, to $80.15. ....

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