Crude Set for Weekly Rise on OPEC+ Supply Control ...Middle East

OILPRICE - Economy
Crude Set for Weekly Rise on OPEC+ Supply Control
source : OILPRICE ( Middle East ) () 66
Crude oil prices were set for another weekly gain today, driven higher by fresh U.S. sanctions on Iran’s energy industry and OPEC+ efforts to rein in production. At the time of writing, Brent crude was trading at $72.28 per barrel, with West Texas Intermediate at $68.26 per barrel, both up from opening and both about $1 higher than they were at the start of the week. The U.S. Department of Treasury yesterday announced another round of sanctions against Iran as part of President Trump’s maximum pressure campaign against Tehran that aims…

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