Oil prices move higher

Jan 5, 2022 | Commodities

5.1.22 Global oil prices rose by around 1.2% on Tuesday, noted CommSec. OPEC+ oil ministers agreed to stick to their plan of gradually unwinding production constraints, lifting output targets by 400,000 barrels per day in February. Production disruptions in Libya also supported crude prices. The Brent crude price rose by US$1.02 or 1.3% to US$80.00 […]

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Oil prices move higher

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