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Brent drops to $ 71.5

    Brent drops to $ 71.5

On Thursday, oil prices showed a significant decline. The information from the United States about the growth of reserves and increased production caused the drop. Thus, the market is less

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Brent grows to 71.09 US dollars

    Brent grows to 71.09 US dollars

During the Asian session on Friday, crude oils showed a slight increase being in the black for six consecutive weeks. There has not been such a long rise since 2016.

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Brent rose to 71.18 US dollars

    Brent rose to 71.18 US dollars

The price of crude oils continues to grow on Tuesday after a 5-month record set during the last session. This happens because of the tense geopolitical situation. Now the market

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China reduced oil import from Russia in favor of Iran and Venezuela

    China reduced oil import from Russia in favor of Iran and Venezuela

According to the data provided by the Chinese General Administration of Customs, Russia is the second among the largest oil importers for the PRC. In February, supplies from the Russian

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Brent shows a little growth to 67.6 US dollars

  Brent shows a little growth to 67.6 US dollars

Oil doesn’t show much activity after the growth on Monday, which was caused by the results of the OPEC Monitoring

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OPEC presents a report on production in February

  OPEC presents a report on production in February

OPEC has reported on a decline in production for February. The cartel has managed to reduce production by 221,000 barrels

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Oil production fell because of the problems with energy supply in Venezuela

  Oil production fell because of the problems with energy supply in Venezuela

According to the Bloomberg agency, there has been a strong decline in oil production due to power outages in Venezuela.

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Brent drops to $ 66.9 after the last week’s growth

  Brent drops to $ 66.9 after the last week’s growth

During the session on Monday, oil began to decline after it had been growing since November. Brent futures for April

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US Department of the Treasury has allowed companies to buy Venezuelan oil

  US Department of the Treasury has allowed companies to buy Venezuelan oil

The US Treasury has softened a little bit the conditions of the sanctions against PDVSA (Venezuela), allowing the companies from

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Brent shows the growth due to the tension in Venezuela

  Brent shows the growth due to the tension in Venezuela

On Friday, “black gold” is rising in price during the Asian bidding process; the reason for this is the possible

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