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Oil Prices – Weekly Outlook August 13-17

posted by Avatar lchammer 283 days ago in Fundamental, Weekly, Oil

Crude oil prices traded up during most of the week; the gap between Brent and WTI also grew. The recent OPEC monthly report revealed a slight decline in the oil production of Iran but the overall OPEC oil production didn’t change much. During last week, WTI oil rose by 1.61%; Brent oil, by 3.68%.
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