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Brent oil firms above $70 as OPEC cuts and sanctions outweigh economic concerns

Brent oil firms above $70 as OPEC cuts and sanctions outweigh economic concerns

Brent crude oil prices con­sol­i­dat­ed above $70 per bar­rel on Tues­day as sup­ply cuts led by pro­duc­er club OPEC and U.S. sanc­tions on Iran’s and Venezuela’s fuel exports out­weighed con­cerns about an eco­nom­ic slow­down.
Source: CNBC RSS

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