The rise in prices was driven by expectations that oil demand will increase in the world’s largest oil consumer country after data pointing to a slowdown in the core personal consumption expenditures
The rise in prices was driven by expectations that oil demand will increase in the world’s largest oil consumer country after data pointing to a slowdown in the core personal consumption expenditures
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Moscow does not intend to recognize a Western-imposed price cap on Russian seaborne oil exports, according to Kremlin spokesman Dmitry Peskov, who added that the government is currently reviewing the situation. Now
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A senior official at the US Treasury Department reported that the global oil price could rise 40 percent to $140 a barrel if the proposed price ceiling for Russian crude oil and
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