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Oil prices rise on tight supplies, as IEA warns of global recession

Por: CNBC Business October 13, 2022

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Oil prices firmed on Thursday, finding continued support from an OPEC+ decision last week to cut supplies, as the International Energy Agency warned that those cuts may push the global economy into recession.Brent crude futures rose 21 cents, or 0.2%, to $92.66 a barrel. U.S. West Texas Intermediate crude was up 14 cents, or 0.2%, at $87.36 a barrel.Last week, the producer group comprising the Organization of the Petroleum Exporting Countries... + full article



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