Oil up with closure of Keystone pipeline in US ...Middle East

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ANKARA: Oil prices rose on Monday due to supply concerns as the Keystone pipeline in the US was shut down due to the largest crude oil spills in roughly ten years, while tensions in the Russia-Ukraine war rose as Russia threatened to cut production in response to the price cap on its oil exports.International benchmark Brent crude traded at US$76.50 per barrel at 10.10 am local time (0710GMT), up 0.52 per cent from the closing price of US$76.10 a barrel in the previous trading session reported Anadolu.At the same time, American benchmark West Texas Intermediate (WTI) traded at US$71.61 per barrel, a 0.83 per cent gain after the previous session closed at US$71.02 a barrel.The closure of the

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Last updated : 12 Dec 2022 clock 12:44 PM

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