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Oil up 1%, US WTI at 5-month closing high, market seen tight

Crude prices edged up about 1% on Monday with U.S. futures closing at a five-month high, on expectations that economic growth in the U.S. and China will boost demand, while supplies tighten on OPEC+ output cuts and attacks on Russian refineries. Read more.

Oil up 1%, US WTI at 5-month closing high, market seen tight

Published on

April 2, 2024

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