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Commodities Markets
Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts
November 15, 2022
mtvadmin
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Russian oil output to fall 1.4 million barrel per day as EU ban takes effect

Russian oil production will be hit hard starting next year as the European Union implements ban on seaborne exports of Russian crude oil, the International Energy Agency (IEA) said on Tuesday. The move is hinged on depriving of Russia revenue, and according to a report by

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International Oil AgencyRussian Oil
Commodities Markets
Oil prices surge on supply fears as EU mulls embargo on Russian oil
May 6, 2022
CGTN
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Oil prices surge on supply fears as EU mulls embargo on Russian oil

Oil prices extended gains on Thursday on supply concerns as the European Union (EU) proposal laid out plans for new sanctions against Russia, including an embargo on crude in six months, offsetting concerns over weaker Chinese demand. Brent crude futures had climbed 85 cents, or 0.8

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EU SanctionsRussian Oil
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