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Oil supported by supply threats, but heads for drop on demand fears

THE STAR – Oil prices rose yesterday as investors considered Russiaโ€™s threat to halt oil and gas exports to some buyers, but crude was set for a second weekly decline as central banksโ€™ aggressive rate hikes and Chinaโ€™s COVID-19 curbs weighed on demand. Brent crude futures rose 22 cents, or 0.3 per cent, to USD89.37 […]
United States Tina Teng Organization Of The Petroleum Exporting Countries National Australia Bank Us Energy Information Administration On West Texas Intermediate

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