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Oil prices end at highest level in a month on supply risks

Por: MarketWatch Business January 22, 2024

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“Demand is going to exceed expectations if the economy continues to grow, and that’s going to leave a bigger supply deficit once we get deep into the new year,” he said. Tensions in the Red Sea and tensions between China and Taiwan show that the risk to oil supply is “high at the same time North Dakota oil production took a hard hit from the cold, reducing output for at least the rest of the month,” Flynn said. There’s also a... + full article



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