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Oil prices rise on temporary Russian fuel exports ban
September 25th, 2023 - 10:18 GMT

Oil prices rise on temporary Russian fuel exports ban

Prospects of rekindling demand in China, US amid even tighter supplies boost oil prices ALBAWABA – Oil prices rose on Monday after Moscow issued a temporary ban on fuel exports on top of already extended supply cuts by Russia and Saudi Arabia, as markets price in the possibility of further rate hikes that could dampen demand. Brent crude futures climbed $0.69 to $93.96 a barrel by 0646 GMT, according to ...
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