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[size=36]Oil prices exceed $91 a barrel for the first time since October 2014[/size]
Economie| 10:21 - 03/02/2022
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Today, Thursday, the price of Brent crude exceeded $91 a barrel for the first time since October 2014, according to trading data.
Oil prices maintained the market's upward trajectory, which is based on expectations that supply will continue to shrink, even after "OPEC +" adheres to moderate increases in pre-determined production.
The “OPEC +” grouping agreed yesterday, Wednesday, to stick to the monthly increases of 400,000 barrels per day in oil production, despite pressure from major consumers to increase production more quickly.
The scarcity of global supplies and global political tension have boosted oil prices by about 15% since the beginning of the year. Ended 29 / p. 87
Oil prices maintained the market's upward trajectory, which is based on expectations that supply will continue to shrink, even after "OPEC +" adheres to moderate increases in pre-determined production.
The “OPEC +” grouping agreed yesterday, Wednesday, to stick to the monthly increases of 400,000 barrels per day in oil production, despite pressure from major consumers to increase production more quickly.
The scarcity of global supplies and global political tension have boosted oil prices by about 15% since the beginning of the year. Ended 29 / p. 87
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